LEAP Crosses Above Key Moving Average Level

In trading on Monday, shares of Leap Wireless International Inc ( LEAP) crossed above their 200 day moving average of $5.96, changing hands as high as $6.00 per share. Leap Wireless International Inc shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of LEAP shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Leap Wireless International Inc 200 Day Moving Average Chart

Looking at the chart above, LEAP's low point in its 52 week range is $4.28 per share, with $8.16 as the 52 week high point — that compares with a last trade of $5.97.

According to the ETF Finder at ETF Channel, LEAP makes up 2.07% of the iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF ( IYZ) which is trading lower by about 0.1% on the day Monday.
null

If you liked this article you might like

Quadrangle Capital Exits Ntelos Holdings Just in Time

AT&T's Deal for DirecTV Is a Waste of Money

Mattel's Results Show Why Barbie Is Still So Yesterday

AT&T's (T) Leap Wireless Acquisition Approved By FCC

Small Carriers Push For Roaming Conditions on Leap Deal