BDSI Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of BioDelivery Sciences International Inc (BDSI) crossed below their 200 day moving average of $12.62, changing hands as low as $12.24 per share. BioDelivery Sciences International Inc shares are currently trading off about 11.4% on the day. The chart below shows the one year performance of BDSI shares, versus its 200 day moving average:

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BioDelivery Sciences International Inc 200 Day Moving Average Chart

Looking at the chart above, BDSI's low point in its 52 week range is $4.80 per share, with $18.48 as the 52 week high point — that compares with a last trade of $12.22.

According to the ETF Finder at ETF Channel, BDSI makes up 2.70% of the PowerShares Dynamic Pharmaceuticals Portfolio ETF ( PJP) which is trading lower by about 0.8% on the day Monday.

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