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UEIC Crosses Below Key Moving Average Level

By Market News Video Staff, Wednesday, June 9, 4:46 PM ET
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In trading on Wednesday, shares of Universal Electronics Inc. (NASDAQ:UEIC) crossed below their 200 day moving average of $50.34, changing hands as low as $50.25 per share. Universal Electronics Inc. shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of UEIC shares, versus its 200 day moving average:

Universal Electronics Inc. 200 Day Moving Average Chart

Looking at the chart above, UEIC's low point in its 52 week range is $35.09 per share, with $65.02 as the 52 week high point — that compares with a last trade of $50.24.


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