ELX Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Emulex Corporation (ELX) crossed above their 200 day moving average of $6.02, changing hands as high as $6.03 per share. Emulex Corporation shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of ELX shares, versus its 200 day moving average:

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Emulex Corporation 200 Day Moving Average Chart

Looking at the chart above, ELX's low point in its 52 week range is $4.45 per share, with $8.05 as the 52 week high point — that compares with a last trade of $6.00.

According to the ETF Finder at ETF Channel, ELX makes up 1.24% of the SPDR S&P Telecom ETF ( XTL) which is trading lower by about 0.1% on the day Wednesday.

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