In trading on Thursday, shares of Sappi Ltd. (NYSE:SPP) crossed below their 200 day moving average of $5.01, changing hands as low as $4.96 per share. Sappi Ltd. shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of SPP shares, versus its 200 day moving average:
Looking at the chart above, SPP's low point in its 52 week range is $3.27 per share, with $5.95 as the 52 week high point — that compares with a last trade of $5.02.
SPP operates in the Paper & Forest Products sector, among companies like Deltic Timber Corp. (NYSE:DEL) which is up about 2% today, and International Paper Co. (NYSE:IP) trading up by about 1.5%. Below is a three month price history chart comparing the stock performance of SPP, versus DEL and IP.
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