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Bearish Two Hundred Day Moving Average Cross - CECO

By Market News Video Staff, Wednesday, August 3, 2:29 PM ET
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In trading on Wednesday, shares of Career Education Corp (NASDAQ:CECO) crossed below their 200 day moving average of $21.32, changing hands as low as $21.24 per share. Career Education Corp shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of CECO shares, versus its 200 day moving average:

Career Education Corp 200 Day Moving Average Chart

Looking at the chart above, CECO's low point in its 52 week range is $16.36 per share, with $27.60 as the 52 week high point that compares with a last trade of $21.91.

CECO operates in the Education & Training Services sector, among companies like Xueda Education Group (NYSE:XUE) which is off about 1.2% today, and TAL Education Group (NYSE:XRS) trading higher by about 1.2%. Below is a three month price history chart comparing the stock performance of CECO, versus XUE and XRS.

CECO,XUE,XRS Relative Performance Chart


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