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Stoneridge Inc. Breaks Below 200-Day Moving Average - Bearish for SRI

By Market News Video Staff, Tuesday, May 17, 4:13 PM ET
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In trading on Tuesday, shares of Stoneridge Inc. (NYSE:SRI) crossed below their 200 day moving average of $13.34, changing hands as low as $13.21 per share. Stoneridge Inc. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of SRI shares, versus its 200 day moving average:

Stoneridge Inc. 200 Day Moving Average Chart

Looking at the chart above, SRI's low point in its 52 week range is $7.02 per share, with $17.22 as the 52 week high point — that compares with a last trade of $13.38.

SRI operates in the Auto Parts sector, among companies like Enova Systems Inc (AMEX:ENA) which is up about 3.4% today, and China Auto Logistics, Inc (NASDAQ:CALI) trading lower by about 5.2%. Below is a three month price history chart comparing the stock performance of SRI, versus ENA and CALI.

SRI,ENA,CALI Relative Performance Chart


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This Article's Word Cloud:   AMEX   Auto   Average   Below   CALI   Investment   Moving   Portfolio   Stoneridge   Systems   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   slideshow   stocks   terms   trading   versus   week   with   year
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Stoneridge Inc. Breaks Below 200-Day Moving Average - Bearish for SRI | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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