GEVA Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Synageva BioPharma Corp (GEVA) crossed below their 200 day moving average of $49.95, changing hands as low as $49.43 per share. Synageva BioPharma Corp shares are currently trading off about 4.4% on the day. The chart below shows the one year performance of GEVA shares, versus its 200 day moving average:

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Synageva BioPharma Corp 200 Day Moving Average Chart

Looking at the chart above, GEVA's low point in its 52 week range is $34.01 per share, with $58.00 as the 52 week high point — that compares with a last trade of $49.41.

According to the ETF Finder at ETF Channel, GEVA makes up 1.23% of the SPDR S&P Biotech ETF ( XBI) which is trading lower by about 1.2% on the day Wednesday.

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