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Fibria Celulose SA Breaks Above 200-Day Moving Average - Bullish for FBR

By Market News Video Staff, Tuesday, April 26, 11:15 AM ET
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In trading on Tuesday, shares of Fibria Celulose SA (NYSE:FBR) crossed above their 200 day moving average of $16.14, changing hands as high as $16.22 per share. Fibria Celulose SA shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of FBR shares, versus its 200 day moving average:

Fibria Celulose SA 200 Day Moving Average Chart

Looking at the chart above, FBR's low point in its 52 week range is $13.54 per share, with $22.97 as the 52 week high point — that compares with a last trade of $16.22.

According to the ETF Finder at ETF Channel, FBR makes up 5.48% of the iShares S&P Global Timber & Forestry Index Fund ETF (NASDAQ:WOOD) which is trading up by about 0.9% on the day Tuesday.

     See what other ETFs contain FBR »
     See what other stocks are held by WOOD »

FBR operates in the Paper & Forest Products sector, among companies like Buckeye Technologies Inc. (BKI) which is up about 3.1% today, and Louisiana-Pacific Corp. (NYSE:LPX) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of FBR, versus BKI and LPX.

FBR,BKI,LPX Relative Performance Chart


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Fibria Celulose SA Breaks Above 200-Day Moving Average - Bullish for FBR | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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