NPTN Crosses Below Key Moving Average Level

In trading on Thursday, shares of NeoPhotonics Corp (NPTN) crossed below their 200 day moving average of $12.71, changing hands as low as $12.01 per share. NeoPhotonics Corp shares are currently trading down about 6.6% on the day. The chart below shows the one year performance of NPTN shares, versus its 200 day moving average:

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NeoPhotonics Corp 200 Day Moving Average Chart

Looking at the chart above, NPTN's low point in its 52 week range is $7.61 per share, with $18.51 as the 52 week high point — that compares with a last trade of $12.11.

According to the ETF Finder at ETF Channel, NPTN makes up 2.31% of the PowerShares Dynamic Networking Portfolio ETF ( PXQ) which is trading relatively unchanged on the day Thursday.

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