Anika Therapeutics Breaks Above 200-Day Moving Average - Bullish for ANIK

In trading on Tuesday, shares of Anika Therapeutics Inc. (ANIK) crossed above their 200 day moving average of $42.11, changing hands as high as $43.24 per share. Anika Therapeutics Inc. shares are currently trading up about 2.1% 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 $28.79 per share, with $52.49 as the 52 week high point — that compares with a last trade of $42.79.

According to the ETF Finder at ETF Channel, ANIK makes up 1.78% of the SPDR S&P Health Care Equipment ETF ( XHE) which is trading up by about 0.1% on the day Tuesday.

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