Investors See a Notable Dip Despite Previous Performance
In Tuesday’s trading session, Ultragenyx Pharmaceutical Inc (Symbol: RARE) saw its shares fall below the important 200-day moving average, which stands at $48.05. The stock was seen trading as low as $47.73, leading to a decline of approximately 5.7% for the day. The chart below illustrates the performance of RARE shares over the past year in relation to this moving average:
The chart indicates that RARE’s stock has a 52-week low of $34.06 and a high of $60.37, with its most recent trade recorded at $47.84. This notable fluctuation in value highlights the challenges the company faces in maintaining its market position.
Click here to find out which 9 other stocks recently crossed below their 200-day moving average »
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