ELGX Crosses Below Key Moving Average Level

In trading on Thursday, shares of Endologix Inc. ( ELGX) crossed below their 200 day moving average of $14.10, changing hands as low as $13.98 per share. Endologix Inc. shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of ELGX shares, versus its 200 day moving average:

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Endologix Inc. 200 Day Moving Average Chart

Looking at the chart above, ELGX's low point in its 52 week range is $11.15 per share, with $16.39 as the 52 week high point — that compares with a last trade of $14.06.

According to the ETF Finder at ETF Channel, ELGX makes up 1.02% of the SPDR S&P Health Care Equipment ETF ( XHE) which is trading lower by about 0.7% on the day Thursday.
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