UTEK Crosses Below Key Moving Average Level

In trading on Thursday, shares of Ultratech Inc (UTEK) crossed below their 200 day moving average of $22.61, changing hands as low as $22.10 per share. Ultratech Inc shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of UTEK shares, versus its 200 day moving average:

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Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

Ultratech Inc 200 Day Moving Average Chart

Looking at the chart above, UTEK's low point in its 52 week range is $16.55 per share, with $26.40 as the 52 week high point — that compares with a last trade of $22.23.

According to the ETF Finder at ETF Channel, UTEK makes up 2.20% of the PowerShares Dynamic Semiconductors Portfolio ETF ( PSI) which is trading lower by about 3.6% on the day Thursday.

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