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SRI Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, June 8, 4:30 PM ET
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In trading on Wednesday, shares of Stoneridge Inc. (NYSE:SRI) crossed below their 200 day moving average of $13.64, changing hands as low as $13.56 per share. Stoneridge Inc. shares are currently trading down about 2.3% 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 $13.65.

SRI operates in the Auto Parts sector, among companies like Dana Holding Corp (NYSE:DAN) which is down about 1% today, and Visteon Corp. (NYSE:VC) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of SRI, versus DAN and VC.

SRI,DAN,VC Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Call   Corp   Dana   Definition   ETFs   Earnings   Free   Holding   Moving   NYSE   Portfolio   Price   Short   Stoneridge   Traded   Visteon   about   among   asset   average   below   cash   chart   companies   currently   designed   down   growth   hands   history   lower   moving   operates   performance   point   portfolio   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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