ELGX Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Endologix Inc. ( ELGX) crossed above their 200 day moving average of $14.25, changing hands as high as $14.30 per share. Endologix Inc. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of ELGX shares, versus its 200 day moving average:

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Endologix Inc. 200 Day Moving Average Chart

Looking at the chart above, ELGX's low point in its 52 week range is $11.15 per share, with $16.39 as the 52 week high point — that compares with a last trade of $13.96.

ELGX makes up 1.33% of the SPDR S&P Health Care Equipment ETF ( XHE)
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