Momenta Pharmaceuticals Breaks Above 200-Day Moving Average - Bullish For MNTA

In trading on Monday, shares of Momenta Pharmaceuticals Inc (MNTA) crossed above their 200 day moving average of $13.15, changing hands as high as $13.19 per share. Momenta Pharmaceuticals Inc shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of MNTA shares, versus its 200 day moving average:

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Momenta Pharmaceuticals Inc 200 Day Moving Average Chart

Looking at the chart above, MNTA's low point in its 52 week range is $10.05 per share, with $17.09 as the 52 week high point — that compares with a last trade of $12.95.

According to the ETF Finder at ETF Channel, MNTA makes up 1.06% of the S&P SmallCap Health Care Portfolio ETF ( PSCH) which is trading lower by about 1.1% on the day Monday.

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