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PJC Makes Bearish Cross Below Critical Moving Average
By Market News Video Staff, Wednesday, May 4, 11:23 AM ET
In trading on Wednesday, shares of Piper Jaffray Companies (NYSE:PJC) crossed below their 200 day moving average of $34.44, changing hands as low as $34.14 per share. Piper Jaffray Companies shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of PJC shares, versus its 200 day moving average:
Looking at the chart above, PJC's low point in its 52 week range is $26.55 per share, with $44.56 as the 52 week high point — that compares with a last trade of $34.24.
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