In trading on Thursday, shares of Shenandoah Telecommunications Co (Symbol: SHEN) crossed below their 200 day moving average of $28.50, changing hands as low as $28.20 per share. Shenandoah Telecommunications Co shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of SHEN shares, versus its 200 day moving average:
Looking at the chart above, SHEN’s low point in its 52 week range is $22.05 per share, with $42.66 as the 52 week high point – that compares with a last trade of $28.25. According to the ETF Finder at ETF Channel, SHEN makes up 4.01% of the iShares U.S. Telecommunications ETF (Symbol: IYZ) which is trading lower by about 0.4% on the day Thursday.
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