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Cavco Industries Inc (CVCO) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, May 23, 2:48 PM ET
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In trading on Monday, shares of Cavco Industries Inc (NASDAQ:CVCO) crossed below their 200 day moving average of $39.37, changing hands as low as $39.20 per share. Cavco Industries Inc shares are currently trading off about 4% on the day. The chart below shows the one year performance of CVCO shares, versus its 200 day moving average:

Cavco Industries Inc  200 Day Moving Average Chart

Looking at the chart above, CVCO's low point in its 52 week range is $31.50 per share, with $49.04 as the 52 week high point — that compares with a last trade of $39.37.

According to the ETF Finder at ETF Channel, CVCO makes up 2.82% of the iShares Dow Jones U.S. Home Construction Index Fund ETF (AMEX:ITB) which is trading lower by about 1.1% on the day Monday.

     See what other ETFs contain CVCO »
     See what other stocks are held by ITB »

CVCO operates in the General Contractors & Builders sector, among companies like KB HOME (NYSE:KBH) which is down about 0.1% today, and Brookfield Residential Properties Inc (NYSE:BRP) trading up by about 1.2%. Below is a three month price history chart comparing the stock performance of CVCO, versus KBH and BRP.

CVCO,KBH,BRP Relative Performance Chart


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