In trading on Tuesday, shares of McGrath RentCorp (NASDAQ:MGRC) crossed below their 200 day moving average of $26.85, changing hands as low as $26.42 per share. McGrath RentCorp shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of MGRC shares, versus its 200 day moving average:
Looking at the chart above, MGRC's low point in its 52 week range is $19.93 per share, with $29.21 as the 52 week high point — that compares with a last trade of $26.60.
MGRC operates in the Business Services & Equipment sector, among companies like Mobile Mini, Inc. (NASDAQ:MINI) which is down about 1.8% today, and Korn/Ferry International (NYSE:KFY) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of MGRC, versus MINI and KFY.
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