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LIME Makes Bearish Cross Below Critical Moving Average
By Market News Video Staff, Thursday, July 14, 11:07 AM ET
In trading on Wednesday, shares of Lime Energy Co (LIME) crossed below their 200 day moving average of $4.47, changing hands as low as $4.23 per share. Lime Energy Co shares are currently trading down about 13.4% on the day. The chart below shows the one year performance of LIME shares, versus its 200 day moving average:
Looking at the chart above, LIME's low point in its 52 week range is $3.11 per share, with $5.53 as the 52 week high point — that compares with a last trade of $4.28.
LIME operates in the Electronic Equipment & Products sector, among companies like Cognex Corp. (NASDAQ:CGNX) which is up about 2.2% today, and Brady Corp. (NYSE:BRC) trading up by about 1.5%. Below is a three month price history chart comparing the stock performance of LIME, versus CGNX and BRC.
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