In trading on Monday, shares of Impax Laboratories Inc (Symbol: IPXL) crossed below their 200 day moving average of $41.74, changing hands as low as $39.08 per share. Impax Laboratories Inc shares are currently trading off about 4% on the day. The chart below shows the one year performance of IPXL shares, versus its 200 day moving average:
Looking at the chart above, IPXL’s low point in its 52 week range is $22.25 per share, with $52.10 as the 52 week high point – that compares with a last trade of $41.66. According to the ETF Finder at ETF Channel, IPXL makes up 3.28% of the PowerShares Dynamic Pharmaceuticals Portfolio ETF (Symbol: PJP) which is trading lower by about 5.7% on the day Monday.
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