In trading on Wednesday, shares of Alvotech (Symbol: ALVO) crossed below their 200 day moving average of $12.47, changing hands as low as $11.68 per share. Alvotech shares are currently trading down about 6.8% on the day. The chart below shows the one year performance of ALVO shares, versus its 200 day moving average:
Looking at the chart above, ALVO’s low point in its 52 week range is $10.50 per share, with $18 as the 52 week high point — that compares with a last trade of $11.72.
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