II-VI Gapping Down Friday

Here is a stock that gapped down today with an opening price significantly lower than the previous trading day's close:

• With an opening price of $16.68, II-VI (NASDAQ:IIVI) gapped down from its previous close of $18.60. While trading at a volume of 224,635, the stock price has fallen 9.7%. The stock is down over the last three months, having fallen $6.95 (-29.3%) from $23.74 on March 20, 2012. The stock is trading at 86.3% of its 50-day moving average and 80.6% of its 200-day moving average.