Neogen Breaks Above 200-Day Moving Average - Bullish for NEOG

In trading on Wednesday, shares of Neogen Corp. ( NEOG) crossed above their 200 day moving average of $42.56, changing hands as high as $42.62 per share. Neogen Corp. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of NEOG shares, versus its 200 day moving average:

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Neogen Corp. 200 Day Moving Average Chart

Looking at the chart above, NEOG's low point in its 52 week range is $32.32 per share, with $51.25 as the 52 week high point — that compares with a last trade of $42.63.

According to the ETF Finder at ETF Channel, NEOG makes up 2.97% of the PowerShares Dynamic Biotechnology & Genome Portfolio ETF ( PBE) which is trading up by about 2.8% on the day Wednesday.

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