Weis Markets, Inc. is Now Oversold (WMK) Wednesday, February 5, 12:11 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
In trading on Friday, shares of The Gap, Inc. (NYSE:GPS) crossed below their 200 day moving average of $20.55, changing hands as low as $19.09 per share. The Gap, Inc. shares are currently trading off about 17.7% on the day. The chart below shows the one year performance of GPS shares, versus its 200 day moving average:
Looking at the chart above, GPS's low point in its 52 week range is $16.62 per share, with $23.73 as the 52 week high point — that compares with a last trade of $19.20.
GPS operates in the Apparel Stores sector, among companies like Vera Bradley Inc. (NASDAQ:VRA) which is off about 2.4% today, and Buckle, Inc. (NYSE:BKE) trading lower by about 2.7%. Below is a three month price history chart comparing the stock performance of GPS, versus VRA and BKE.
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