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Oversold Conditions For Louisiana-Pacific Corp. (LPX)
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Sappi Ltd. Breaks Below 200-Day Moving Average - Bearish for SPP

By Market News Video Staff, Wednesday, June 15, 4:29 PM ET
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In trading on Wednesday, shares of Sappi Ltd. (SPP) crossed below their 200 day moving average of $5.14, changing hands as low as $5.12 per share. Sappi Ltd. shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of SPP shares, versus its 200 day moving average:

Sappi Ltd.  200 Day Moving Average Chart

Looking at the chart above, SPP's low point in its 52 week range is $3.70 per share, with $5.95 as the 52 week high point that compares with a last trade of $5.12.

According to the ETF Finder at ETF Channel, SPP makes up 2.64% of the Guggenheim International Small Cap LDRs ETF (XGC) which is trading lower by about 1.8% on the day Wednesday.

See what other ETFs contain SPP
See what other stocks are held by XGC

SPP operates in the Paper & Forest Products sector, among companies like Buckeye Technologies Inc. (BKI) which is down about 3.4% today, and Louisiana-Pacific Corp. (NYSE:LPX) trading lower by about 3.6%. Below is a three month price history chart comparing the stock performance of SPP, versus BKI and LPX.

SPP,BKI,LPX Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Buckeye   Channel   Definition   ETFs   Guggenheim   Investment   Louisiana   Pacific   Products   Sappi   Start   Technologies   Wednesday   What   about   above   asset   average   below   chart   classes   countries   crossed   designed   down   everywhere   flexibility   follow   high   lower   moving   other   performance   point   portfolio   regions   share   shares   short   stock   stocks   today   trading   versus   week   what   which   with
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Sappi Ltd. Breaks Below 200-Day Moving Average - Bearish for SPP | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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