Notable Two Hundred Day Moving Average Cross - EBS

In trading on Thursday, shares of Emergent BioSolutions Inc (EBS) crossed below their 200 day moving average of $23.74, changing hands as low as $23.71 per share. Emergent BioSolutions Inc shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of EBS shares, versus its 200 day moving average:

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Emergent BioSolutions Inc 200 Day Moving Average Chart

Looking at the chart above, EBS's low point in its 52 week range is $17.31 per share, with $28.48 as the 52 week high point — that compares with a last trade of $23.81.

According to the ETF Finder at ETF Channel, EBS makes up 2.76% of the PowerShares Dynamic Biotechnology & Genome Portfolio ETF ( PBE) which is trading lower by about 1.5% on the day Thursday.

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