PLCM Crosses Below Key Moving Average Level

In trading on Thursday, shares of Polycom Inc. (PLCM) crossed below their 200 day moving average of $10.57, changing hands as low as $10.51 per share. Polycom Inc. shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of PLCM shares, versus its 200 day moving average:

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Polycom Inc. 200 Day Moving Average Chart

Looking at the chart above, PLCM's low point in its 52 week range is $7.45 per share, with $12.03 as the 52 week high point — that compares with a last trade of $10.60.

According to the ETF Finder at ETF Channel, PLCM makes up 2.83% of the iShares S&P North American Technology-Multimedia Networking Index Fund ETF ( IGN) which is trading lower by about 0.9% on the day Thursday.

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