SPPI Crosses Above Key Moving Average Level

In trading on Monday, shares of Spectrum Pharmaceuticals Inc (SPPI) crossed above their 200 day moving average of $8.19, changing hands as high as $8.20 per share. Spectrum Pharmaceuticals Inc shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of SPPI shares, versus its 200 day moving average:

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Spectrum Pharmaceuticals Inc 200 Day Moving Average Chart

Looking at the chart above, SPPI's low point in its 52 week range is $6.36 per share, with $10.32 as the 52 week high point — that compares with a last trade of $8.16.

According to the ETF Finder at ETF Channel, SPPI makes up 1.20% of the SPDR S&P Biotech ETF ( XBI) which is trading higher by about 1.1% on the day Monday.

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