Ultratech (UTEK) Shares Cross Above 200 DMA

In trading on Friday, shares of Ultratech Inc (UTEK) crossed above their 200 day moving average of $34.57, changing hands as high as $35.08 per share. Ultratech Inc shares are currently trading up about 6.6% on the day. The chart below shows the one year performance of UTEK shares, versus its 200 day moving average:

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Ultratech Inc 200 Day Moving Average Chart

Looking at the chart above, UTEK's low point in its 52 week range is $27.88 per share, with $43.00 as the 52 week high point — that compares with a last trade of $34.35.

According to the ETF Finder at ETF Channel, UTEK makes up 2.12% of the Dynamic Semiconductors Portfolio ETF ( PSI) which is trading higher by about 0.7% on the day Friday.

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