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Bearish Two Hundred Day Moving Average Cross - IMN

By Market News Video Staff, Wednesday, April 27, 11:30 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Wednesday, shares of Imation Corp. (NYSE:IMN) crossed below their 200 day moving average of $10.16, changing hands as low as $10.02 per share. Imation Corp. shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of IMN shares, versus its 200 day moving average:

Imation Corp. 200 Day Moving Average Chart

Looking at the chart above, IMN's low point in its 52 week range is $8.41 per share, with $12.59 as the 52 week high point — that compares with a last trade of $10.12.

IMN operates in the Electronic Equipment & Products sector, among companies like Coherent, Inc. (NASDAQ:COHR) which is up about 0.4% today, and Cubic Corp (NYSE:CUB) trading lower by about 0.3%. Below is a three month price history chart comparing the stock performance of IMN, versus COHR and CUB.

IMN,COHR,CUB Relative Performance Chart


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This Article's Word Cloud:   Below   COHR   Coherent   Corp   Electronic   Imation   Investment   Moving   NYSE   Portfolio   Their   Wednesday   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   mdash   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   versus   week   with
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