In trading on Wednesday, shares of PDL BioPharma Inc (PDLI - Get Report) crossed below their 200 day moving average of $7.32, changing hands as low as $7.31 per share. PDL BioPharma Inc shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of PDLI shares, versus its 200 day moving average:Looking at the chart above, PDLI's low point in its 52 week range is $6.09 per share, with $8.43 as the 52 week high point — that compares with a last trade of $7.33. According to the ETF Finder at ETF Channel, PDLI makes up 2.64% of the Dynamic Biotechnology & Genome Portfolio ETF ( PBE) which is trading lower by about 1.7% on the day Wednesday.
More from Stocks
Ask Cramer: Book Recommendations for College Grads Starting Their First Job?
Which of Jim Cramer's books does he recommend for grandchildren out of college on their first job?