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OFG Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Friday, July 29, 11:30 AM ET
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In trading on Friday, shares of Oriental Financial Group, Inc. (NYSE:OFG) crossed below their 200 day moving average of $12.29, changing hands as low as $12.18 per share. Oriental Financial Group, Inc. shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of OFG shares, versus its 200 day moving average:

Oriental Financial Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, OFG's low point in its 52 week range is $11.20 per share, with $14.45 as the 52 week high point that compares with a last trade of $12.50.

OFG operates in the Banking & Savings sector, among companies like Canadian Imperial Bank of Commerce (NYSE:CM) which is down about 1% today, and Bank of New York Mellon Corp (NYSE:BK) trading up by about 0.9%. Below is a three month price history chart comparing the stock performance of OFG, versus CM and BK.

OFG,CM,BK Relative Performance Chart


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