Coherent Breaks Below 200-Day Moving Average - Notable for COHR

In trading on Friday, shares of Coherent, Inc. ( COHR) crossed below their 200 day moving average of $64.35, changing hands as low as $63.95 per share. Coherent, Inc. shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of COHR shares, versus its 200 day moving average:

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Coherent, Inc. 200 Day Moving Average Chart

Looking at the chart above, COHR's low point in its 52 week range is $49.73 per share, with $76.98 as the 52 week high point — that compares with a last trade of $64.20.

According to the ETF Finder at ETF Channel, COHR makes up 1.26% of the PowerShares S&P SmallCap Information Technology Portfolio ETF ( PSCT) which is trading lower by about 0.3% on the day Friday.

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