ABIOMED Breaks Above 200-Day Moving Average - Bullish For ABMD

In trading on Wednesday, shares of ABIOMED, Inc. (ABMD) crossed above their 200 day moving average of $17.68, changing hands as high as $17.98 per share. ABIOMED, Inc. shares are currently trading up about 6.1% on the day. The chart below shows the one year performance of ABMD shares, versus its 200 day moving average:

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

ABIOMED, Inc. 200 Day Moving Average Chart

Looking at the chart above, ABMD's low point in its 52 week range is $11.80 per share, with $26.17 as the 52 week high point — that compares with a last trade of $17.38.

According to the ETF Finder at ETF Channel, ABMD makes up 2.47% of the SPDR S&P Health Care Equipment ETF ( XHE) which is trading lower by about 1.3% on the day Wednesday.

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