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Alexander & Baldwin, Inc. Breaks Below 200-Day Moving Average - Bearish for ALEX

By Market News Video Staff, Friday, August 5, 11:31 AM ET
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In trading on Friday, shares of Alexander & Baldwin, Inc. (NYSE:ALEX) crossed below their 200 day moving average of $43.69, changing hands as low as $43.10 per share. Alexander & Baldwin, Inc. shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of ALEX shares, versus its 200 day moving average:

Alexander & Baldwin, Inc. 200 Day Moving Average Chart

Looking at the chart above, ALEX's low point in its 52 week range is $31.91 per share, with $55.50 as the 52 week high point — that compares with a last trade of $43.30.

According to the ETF Finder at ETF Channel, ALEX makes up 5.07% of the iShares Dow Jones Transportation Average Index Fund ETF (AMEX:IYT) which is trading lower by about 1.6% on the day Friday.

     See what other ETFs contain ALEX »
     See what other stocks are held by IYT »

ALEX operates in the Shipping sector, among companies like Golar LNG Partners LP (NASDAQ:GMLP) which is down about 0.5% today, and Frontline Ltd (NYSE:FRO) trading lower by about 0.5%. Below is a three month price history chart comparing the stock performance of ALEX, versus GMLP and FRO.

ALEX,GMLP,FRO Relative Performance Chart


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This Article's Word Cloud:   ALEX   According   Alexander   Average   Baldwin   Below   Channel   ETFs   Friday   GMLP   Investment   Moving   NYSE   Portfolio   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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Alexander & Baldwin, Inc. Breaks Below 200-Day Moving Average - Bearish for ALEX | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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