ADTN Crosses Below Key Moving Average Level

In trading on Monday, shares of Adtran, Inc. ( ADTN) crossed below their 200 day moving average of $24.73, changing hands as low as $24.57 per share. Adtran, Inc. shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of ADTN shares, versus its 200 day moving average:

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Adtran, Inc. 200 Day Moving Average Chart

Looking at the chart above, ADTN's low point in its 52 week range is $18.00 per share, with $27.98 as the 52 week high point — that compares with a last trade of $25.40.

According to the ETF Finder at ETF Channel, ADTN makes up 2.49% of the Dynamic Networking Portfolio ETF ( PXQ) which is trading lower by about 1.1% on the day Monday.

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