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Bearish Two Hundred Day Moving Average Cross - LEG

By Market News Video Staff, Thursday, June 23, 11:41 AM ET
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In trading on Thursday, shares of Leggett & Platt, Inc. (NYSE:LEG) crossed below their 200 day moving average of $23.02, changing hands as low as $22.85 per share. Leggett & Platt, Inc. shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of LEG shares, versus its 200 day moving average:

Leggett & Platt, Inc. 200 Day Moving Average Chart

Looking at the chart above, LEG's low point in its 52 week range is $18.83 per share, with $26.95 as the 52 week high point — that compares with a last trade of $22.95.

According to the ETF Finder at ETF Channel, LEG makes up 3.43% of the SPDR S&P Homebuilders ETF (AMEX:XHB) which is trading lower by about 0.4% on the day Thursday.

     See what other ETFs contain LEG »
     See what other stocks are held by XHB »

LEG operates in the Home Furnishings & Furniture sector, among companies like Sealy Corp. (NYSE:ZZ) which is down about 2.1% today, and Ethan Allen Interiors, Inc. (NYSE:ETH) trading lower by about 1.2%. Below is a three month price history chart comparing the stock performance of LEG, versus ZZ and ETH.

LEG,ZZ,ETH Relative Performance Chart


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