SHEN Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Shenandoah Telecommunications Co. (SHEN) crossed below their 200 day moving average of $15.34, changing hands as low as $15.30 per share. Shenandoah Telecommunications Co. shares are currently trading down about 6.2% on the day. The chart below shows the one year performance of SHEN shares, versus its 200 day moving average:

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Shenandoah Telecommunications Co. 200 Day Moving Average Chart

Looking at the chart above, SHEN's low point in its 52 week range is $9.87 per share, with $18.99 as the 52 week high point — that compares with a last trade of $15.37.

According to the ETF Finder at ETF Channel, SHEN makes up 2.22% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF ( IYZ) which is trading lower by about 1.3% on the day Wednesday.

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