In trading on Thursday, shares of Spreadtrum Communications Inc (NASDAQ:SPRD) crossed above their 200 day moving average of $18.21, changing hands as high as $19.07 per share. Spreadtrum Communications Inc shares are currently trading up about 7.9% on the day. The chart below shows the one year performance of SPRD shares, versus its 200 day moving average:

Looking at the chart above, SPRD's low point in its 52 week range is $8.59 per share, with $24.20 as the 52 week high point — that compares with a last trade of $19.15.

SPRD operates in the Semiconductors sector, among companies like IPG Photonics Corp (NASDAQ:IPGP) which is up about 0.1% today, and Cypress Semiconductor Corp. (NASDAQ:CY) trading up by about 1%. Below is a three month price history chart comparing the stock performance of SPRD, versus IPGP and CY.

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Source:marketnewsvideo