EBS Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Emergent BioSolutions Inc (EBS) crossed above their 200 day moving average of $14.90, changing hands as high as $15.18 per share. Emergent BioSolutions Inc shares are currently trading up about 2.7% on the day. The chart below shows the one year performance of EBS shares, versus its 200 day moving average:

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Emergent BioSolutions Inc 200 Day Moving Average Chart

Looking at the chart above, EBS's low point in its 52 week range is $12.50 per share, with $16.99 as the 52 week high point — that compares with a last trade of $14.79.

According to the ETF Finder at ETF Channel, EBS makes up 2.86% of the Dynamic Biotechnology & Genome Portfolio ETF ( PBE) which is trading higher by about 3.3% on the day Monday.

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