Piper Jaffray (PJC) Shares Cross Below 200 DMA

In trading on Wednesday, shares of Piper Jaffray Companies (PJC) crossed below their 200 day moving average of $33.52, changing hands as low as $33.31 per share. Piper Jaffray Companies shares are currently trading down about 2% on the day. The chart below shows the one year performance of PJC shares, versus its 200 day moving average:

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Piper Jaffray Companies 200 Day Moving Average Chart

Looking at the chart above, PJC's low point in its 52 week range is $21.34 per share, with $42.56 as the 52 week high point — that compares with a last trade of $33.39.

According to the ETF Finder at ETF Channel, PJC makes up 2.91% of the iShares U.S. Broker-Dealers ETF ( IAI) which is trading lower by about 1.3% on the day Wednesday.

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