FXCM Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of FXCM Inc ( FXCM) crossed below their 200 day moving average of $15.66, changing hands as low as $14.87 per share. FXCM Inc shares are currently trading down about 7.5% on the day. The chart below shows the one year performance of FXCM shares, versus its 200 day moving average:

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FXCM Inc 200 Day Moving Average Chart

Looking at the chart above, FXCM's low point in its 52 week range is $8.53 per share, with $19.97 as the 52 week high point — that compares with a last trade of $14.93.

According to the ETF Finder at ETF Channel, FXCM makes up 1.54% of the iShares U.S. Broker-Dealers ETF ( IAI) which is trading lower by about 0.2% on the day Thursday.
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