PMCS Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of PMC-Sierra Inc. ( PMCS) crossed below their 200 day moving average of $5.81, changing hands as low as $5.76 per share. PMC-Sierra Inc. shares are currently trading down about 0.8% on the day. The chart below shows the one year performance of PMCS shares, versus its 200 day moving average:

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

PMC-Sierra Inc. 200 Day Moving Average Chart

Looking at the chart above, PMCS's low point in its 52 week range is $4.63 per share, with $6.88 as the 52 week high point — that compares with a last trade of $5.81.

According to the ETF Finder at ETF Channel, PMCS makes up 2.28% of the Dynamic Semiconductors Portfolio ETF ( PSI) which is trading lower by about 0.8% on the day Thursday.
null

If you liked this article you might like

Can Skyworks Solutions Head Skyward?

Analysts Question Legitimacy of Chinese Investors' Offer For IDTI

Insider Trading Alert - IRMD, PMCS And EXAM Traded By Insiders

Jim Cramer -- Incredible Demand Driving Avago's Shares Higher

For Skyworks Solutions, the Sky’s the Limit -- Plus Jim Cramer Comments