Portola Pharmaceuticals (PTLA) Shares Cross Below 200 DMA

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In trading on Friday, shares of Portola Pharmaceuticals, Inc. (Symbol: PTLA) crossed below their 200 day moving average of $50.58, changing hands as low as $49.63 per share. Portola Pharmaceuticals, Inc. shares are currently trading off about 4.8% on the day. The chart below shows the one year performance of PTLA shares, versus its 200 day moving average: Portola Pharmaceuticals, Inc. 200 Day Moving Average Chart

Looking at the chart above, PTLA’s low point in its 52 week range is $26.90 per share, with $67.10 as the 52 week high point – that compares with a last trade of $49.88. According to the ETF Finder at ETF Channel, PTLA makes up 1.32% of the SPDR S&P Biotech ETF (Symbol: XBI) which is trading lower by about 1.9% on the day Friday.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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