In trading on Wednesday, shares of Covanta Holding Corp (NYSE:CVA) crossed below their 200 day moving average of $16.29, changing hands as low as $16.13 per share. Covanta Holding Corp shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of CVA shares, versus its 200 day moving average:
Looking at the chart above, CVA's low point in its 52 week range is $13.38 per share, with $18.87 as the 52 week high point — that compares with a last trade of $16.26.
CVA operates in the Electric Utilities sector, among companies like Companhia Paranaense De Energia - COPEL (NYSE:ELP) which is down about 0.1% today, and Companhia Energetica de Minas Gerais - CEMIG (NYSE:CIG) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of CVA, versus ELP and CIG.
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