ADTN Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Adtran, Inc. ( ADTN) crossed above their 200 day moving average of $18.75, changing hands as high as $18.85 per share. Adtran, Inc. shares are currently trading up about 4.7% on the day. The chart below shows the one year performance of ADTN shares, versus its 200 day moving average:

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Adtran, Inc. 200 Day Moving Average Chart

Looking at the chart above, ADTN's low point in its 52 week range is $15.01 per share, with $21.43 as the 52 week high point — that compares with a last trade of $18.85.

According to the ETF Finder at ETF Channel, ADTN makes up 2.64% of the PowerShares Dynamic Networking Portfolio ETF ( PXQ) which is trading lower by about 0.5% on the day Wednesday.

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