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Otter Tail Corp. Breaks Below 200-Day Moving Average - Bearish for OTTR

By Market News Video Staff, Monday, May 23, 2:12 PM ET
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In trading on Monday, shares of Otter Tail Corp. (NASDAQ:OTTR) crossed below their 200 day moving average of $21.55, changing hands as low as $21.53 per share. Otter Tail Corp. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of OTTR shares, versus its 200 day moving average:

Otter Tail Corp. 200 Day Moving Average Chart

Looking at the chart above, OTTR's low point in its 52 week range is $18.24 per share, with $23.48 as the 52 week high point — that compares with a last trade of $21.69.

According to the ETF Finder at ETF Channel, OTTR makes up 1.19% of the Global Listed Private Equity Portfolio ETF (AMEX:PSP) which is trading lower by about 2.7% on the day Monday.

     See what other ETFs contain OTTR »
     See what other stocks are held by PSP »

OTTR operates in the Electric Utilities sector, among companies like American Electric Power Company, Inc. (NYSE:AEP) which is up about 0.1% today, and NextEra Energy Inc (NYSE:NEE) trading lower by about 0.1%. Below is a three month price history chart comparing the stock performance of OTTR, versus AEP and NEE.

OTTR,AEP,NEE Relative Performance Chart


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This Article's Word Cloud:   According   American   Below   Channel   Corp   ETFs   Electric   Global   Investment   Monday   Moving   NYSE   OTTR   Otter   Portfolio   Private   Tail   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   other   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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