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Bearish Two Hundred Day Moving Average Cross - EDMC

By Market News Video Staff, Friday, August 5, 4:04 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Friday, shares of Education Management Corp (NASDAQ:EDMC) crossed below their 200 day moving average of $18.97, changing hands as low as $18.67 per share. Education Management Corp shares are currently trading down about 3.6% on the day. The chart below shows the one year performance of EDMC shares, versus its 200 day moving average:

Education Management Corp 200 Day Moving Average Chart

Looking at the chart above, EDMC's low point in its 52 week range is $7.76 per share, with $28.61 as the 52 week high point — that compares with a last trade of $19.43.

EDMC operates in the Education & Training Services sector, among companies like TAL Education Group (NYSE:XRS) which is down about 0.9% today, and China Distance Education Holdings Ltd (NYSE:DL) trading lower by about 1%. Below is a three month price history chart comparing the stock performance of EDMC, versus XRS and DL.

EDMC,XRS,DL Relative Performance Chart


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