SGMO Crosses Below Key Moving Average Level

In trading on Thursday, shares of Sangamo BioSciences Inc ( SGMO) crossed below their 200 day moving average of $9.54, changing hands as low as $9.44 per share. Sangamo BioSciences Inc shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of SGMO shares, versus its 200 day moving average:

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Sangamo BioSciences Inc 200 Day Moving Average Chart

Looking at the chart above, SGMO's low point in its 52 week range is $4.92 per share, with $13.20 as the 52 week high point — that compares with a last trade of $9.54.

According to the ETF Finder at ETF Channel, SGMO makes up 2.62% of the Dynamic Biotechnology & Genome Portfolio ETF ( PBE) which is trading lower by about 0.8% on the day Thursday.
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