SATS Crosses Above Key Moving Average Level

In trading on Monday, shares of EchoStar Corp ( SATS) crossed above their 200 day moving average of $50.59, changing hands as high as $50.60 per share. EchoStar Corp shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of SATS shares, versus its 200 day moving average:

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EchoStar Corp 200 Day Moving Average Chart

Looking at the chart above, SATS's low point in its 52 week range is $43.00 per share, with $56.00 as the 52 week high point — that compares with a last trade of $50.49.

According to the ETF Finder at ETF Channel, SATS makes up 2.54% of the iShares North American Tech-Multimedia Networking ETF ( IGN) which is trading lower by about 0.2% on the day Monday.

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