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Bearish Two Hundred Day Moving Average Cross - NWY
By Market News Video Staff, Friday, July 1, 12:13 PM ET
In trading on Friday, shares of New York & Company Inc (NYSE:NWY) crossed below their 200 day moving average of $4.87, changing hands as low as $4.68 per share. New York & Company Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of NWY shares, versus its 200 day moving average:
Looking at the chart above, NWY's low point in its 52 week range is $1.67 per share, with $7.50 as the 52 week high point — that compares with a last trade of $4.90.
NWY operates in the Apparel Stores sector, among companies like Charming Shoppes, Inc (NASDAQ:CHRS) which is up about 1% today, and Brown Shoe Co., Inc. (BWS) trading up by about 0.9%. Below is a three month price history chart comparing the stock performance of NWY, versus CHRS and BWS.
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