ANIK Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Anika Therapeutics Inc. ( ANIK) crossed below their 200 day moving average of $40.27, changing hands as low as $40.01 per share. Anika Therapeutics Inc. shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of ANIK shares, versus its 200 day moving average:

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Anika Therapeutics Inc. 200 Day Moving Average Chart

Looking at the chart above, ANIK's low point in its 52 week range is $22.85 per share, with $52.49 as the 52 week high point — that compares with a last trade of $40.51.

According to the ETF Finder at ETF Channel, ANIK makes up 1.52% of the SPDR S&P Health Care Equipment ETF ( XHE) which is trading up by about 0.3% on the day Friday.

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