EchoStar (SATS) Shares Cross Below 200 DMA

In trading on Friday, shares of EchoStar Corp ( SATS) crossed below their 200 day moving average of $44.52, changing hands as low as $44.10 per share. EchoStar Corp shares are currently trading off about 7.7% on the day. The chart below shows the one year performance of SATS shares, versus its 200 day moving average:

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EchoStar Corp 200 Day Moving Average Chart

Looking at the chart above, SATS's low point in its 52 week range is $36.92 per share, with $51.90 as the 52 week high point — that compares with a last trade of $44.34.

According to the ETF Finder at ETF Channel, SATS makes up 5.94% of the Guggenheim Spin-Off ETF ( CSD) which is trading higher by about 0.1% on the day Friday.

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