Notable Two Hundred Day Moving Average Cross - PLCM

In trading on Wednesday, shares of Polycom Inc. ( PLCM) crossed below their 200 day moving average of $10.29, changing hands as low as $10.26 per share. Polycom Inc. shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of PLCM shares, versus its 200 day moving average:

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Polycom Inc. 200 Day Moving Average Chart

Looking at the chart above, PLCM's low point in its 52 week range is $7.445 per share, with $13.74 as the 52 week high point — that compares with a last trade of $10.41.

According to the ETF Finder at ETF Channel, PLCM makes up 2.98% of the iShares S&P North American Technology-Multimedia Networking Index Fund ETF ( IGN) which is trading lower by about 1.9% on the day Wednesday.
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