PLAB Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Photronics, Inc. (PLAB) crossed below their 200 day moving average of $10.22, changing hands as low as $10.11 per share. Photronics, Inc. shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of PLAB shares, versus its 200 day moving average:

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Photronics, Inc. 200 Day Moving Average Chart

Looking at the chart above, PLAB's low point in its 52 week range is $7.68 per share, with $13.05 as the 52 week high point — that compares with a last trade of $10.19.

According to the ETF Finder at ETF Channel, PLAB makes up 2.64% of the PowerShares Dynamic Semiconductors Portfolio ETF ( PSI) which is trading lower by about 0.8% on the day Friday.

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