Coherent (COHR) Shares Cross Below 200 DMA

In trading on Monday, shares of Coherent, Inc. (COHR) crossed below their 200 day moving average of $49.95, changing hands as low as $49.73 per share. Coherent, Inc. shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of COHR shares, versus its 200 day moving average:

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Coherent, Inc. 200 Day Moving Average Chart

Looking at the chart above, COHR's low point in its 52 week range is $39.08 per share, with $60.00 as the 52 week high point — that compares with a last trade of $50.09.

According to the ETF Finder at ETF Channel, COHR makes up 1.32% of the S&P SmallCap Information Technology Portfolio ETF ( PSCT) which is trading lower by about 1.4% on the day Monday.

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