Cbeyond Breaks Above 200-Day Moving Average - Bullish For CBEY

In trading on Friday, shares of Cbeyond Inc ( CBEY) crossed above their 200 day moving average of $8.04, changing hands as high as $8.31 per share. Cbeyond Inc shares are currently trading up about 5.2% on the day. The chart below shows the one year performance of CBEY shares, versus its 200 day moving average:

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Cbeyond Inc 200 Day Moving Average Chart

Looking at the chart above, CBEY's low point in its 52 week range is $5.61 per share, with $10.19 as the 52 week high point — that compares with a last trade of $8.26.

According to the ETF Finder at ETF Channel, CBEY makes up 1.92% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF ( IYZ) which is trading up by about 0.6% on the day Friday.
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