CSGP Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of CoStar Group, Inc. (CSGP) crossed above their 200 day moving average of $188.12, changing hands as high as $198.89 per share. CoStar Group, Inc. shares are currently trading up about 8.4% on the day. The chart below shows the one year performance of CSGP shares, versus its 200 day moving average:

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CoStar Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, CSGP's low point in its 52 week range is $146.53 per share, with $223.49 as the 52 week high point — that compares with a last trade of $196.30.

According to the ETF Finder at ETF Channel, CSGP makes up 1.43% of the PowerShares NASDAQ Internet Portfolio ETF ( PNQI) which is trading higher by about 1.7% on the day Thursday.

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