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Bearish Two Hundred Day Moving Average Cross - LBIX

By Market News Video Staff, Friday, April 15, 1:12 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Friday, shares of Leading Brands Inc (NASDAQ:LBIX) crossed below their 200 day moving average of $2.67, changing hands as low as $2.66 per share. Leading Brands Inc shares are currently trading off about 4% on the day. The chart below shows the one year performance of LBIX shares, versus its 200 day moving average:

Leading Brands Inc 200 Day Moving Average Chart

Looking at the chart above, LBIX's low point in its 52 week range is $1.86 per share, with $4.10 as the 52 week high point — that compares with a last trade of $2.88.

LBIX operates in the Beverages & Wineries sector, among companies like Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) which is up about 1% today, and Coca-Cola Co (NYSE:KO) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of LBIX, versus COKE and KO.

LBIX,COKE,KO Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Brands   COKE   Coca   Cola   Consolidated   Friday   Investment   LBIX   Leading   Moving   NASDAQ   Portfolio   Wineries   about   above   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   mdash   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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