In trading on Thursday, shares of Alibaba Group Holding Ltd (Symbol: BABA) crossed below their 200 day moving average of $108.22, changing hands as low as $107.95 per share. Alibaba Group Holding Ltd shares are currently trading off about 2% on the day. The chart below shows the one year performance of BABA shares, versus its 200 day moving average:
Looking at the chart above, BABA’s low point in its 52 week range is $72.95 per share, with $148.43 as the 52 week high point — that compares with a last trade of $108.48.
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