Market Movement: Novanta Inc (Symbol: NOVT) Experiences a Decline
In trading on Tuesday, shares of Novanta Inc (Symbol: NOVT) fell below their 200-day moving average, which stands at $169.31. The stock was seen trading as low as $166.27 per share, reflecting a decrease of approximately 3.9% for the day. The chart below illustrates the performance of NOVT shares over the past year, highlighting its 200-day moving average:
According to the chart, NOVT reached a 52-week low of $142.35 per share and a high of $187.12. The last recorded trade was $166.62, positioned notably between those two points.
Click here to find out which 9 other stocks recently crossed below their 200-day moving average »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
