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MET Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, June 1, 4:20 PM ET
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In trading on Wednesday, shares of MetLife Inc (NYSE:MET) crossed below their 200 day moving average of $42.98, changing hands as low as $42.57 per share. MetLife Inc shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of MET shares, versus its 200 day moving average:

MetLife Inc 200 Day Moving Average Chart

Looking at the chart above, MET's low point in its 52 week range is $35.38 per share, with $48.72 as the 52 week high point — that compares with a last trade of $42.58.

According to the ETF Finder at ETF Channel, MET makes up 9.96% of the iShares Dow Jones U.S. Insurance Index Fund ETF (AMEX:IAK) which is trading lower by about 2% on the day Wednesday.

     See what other ETFs contain MET »
     See what other stocks are held by IAK »

MET operates in the Life & Health Insurance sector, among companies like Torchmark Corp. (NYSE:TMK) which is down about 2.2% today, and PartnerRe Ltd. (NYSE:PRE) trading lower by about 1.2%. Below is a three month price history chart comparing the stock performance of MET, versus TMK and PRE.

MET,TMK,PRE Relative Performance Chart


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This Article's Word Cloud:   AMEX   According   Average   Below   Channel   ETFs   Insurance   Investment   MetLife   Moving   NYSE   Portfolio   Wednesday   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   down   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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