Level 3 Communications Breaks Above 200-Day Moving Average - Bullish For LVLT

In trading on Wednesday, shares of Level 3 Communications, Inc. ( LVLT) LVLT crossed above their 200 day moving average of $21.45, changing hands as high as $21.72 per share. Level 3 Communications, Inc. shares are currently trading up about 1% on the day. The chart below shows the one year performance of LVLT shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Level 3 Communications, Inc. 200 Day Moving Average Chart

Looking at the chart above, LVLT's low point in its 52 week range is $16.36 per share, with $25.99 as the 52 week high point — that compares with a last trade of $21.45.

According to the ETF Finder at ETF Channel, LVLT makes up 3.84% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF ( IYZ) IYZ which is trading up by about 1.3% on the day Wednesday.
null

If you liked this article you might like

This Is Why Tech Stocks Are Heading Into the Weekend With a Nasty Hangover

Why John Malone Is a More Likely Sprint Backer Than Warren Buffett

Warren Buffett Investing in Sprint Would Be Unusual, but Not Unprecedented

CenturyLink Names Jeff Storey Heir Apparent, Stock Surges

Corvex's Meister Turns the Tables on CenturyLink in Level 3 Merger