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January 2018 Options Now Available For Hershey (HSY)
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Bearish Two Hundred Day Moving Average Cross - IBA

By Market News Video Staff, Wednesday, June 15, 4:29 PM ET
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In trading on Wednesday, shares of Industrias Bachoco S.A.B. de C.V. (NYSE:IBA) crossed below their 200 day moving average of $24.48, changing hands as low as $24.31 per share. Industrias Bachoco S.A.B. de C.V. shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of IBA shares, versus its 200 day moving average:

Industrias Bachoco S.A.B. de C.V. 200 Day Moving Average Chart

Looking at the chart above, IBA's low point in its 52 week range is $16.83 per share, with $28.88 as the 52 week high point that compares with a last trade of $24.34.

IBA operates in the Food & Beverage sector, among companies like Smucker (J.M.) Co. (NYSE:SJM) which is down about 1.7% today, and Hershey Company (NYSE:HSY) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of IBA, versus SJM and HSY.

IBA,SJM,HSY Relative Performance Chart


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