AKRX Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Akorn Inc (AKRX) crossed below their 200 day moving average of $13.50, changing hands as low as $12.86 per share. Akorn Inc shares are currently trading off about 15.1% on the day. The chart below shows the one year performance of AKRX shares, versus its 200 day moving average:

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Akorn Inc 200 Day Moving Average Chart

Looking at the chart above, AKRX's low point in its 52 week range is $11.19 per share, with $16.87 as the 52 week high point — that compares with a last trade of $13.26.

According to the ETF Finder at ETF Channel, AKRX makes up 2.68% of the Dynamic Pharmaceuticals Portfolio ETF ( PJP) which is trading lower by about 0.5% on the day Tuesday.

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