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Rand Logistics Inc Breaks Below 200-Day Moving Average - Bearish for RLOG

By Market News Video Staff, Thursday, August 18, 12:10 PM ET
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In trading on Thursday, shares of Rand Logistics Inc (NASDAQ:RLOG) crossed below their 200 day moving average of $6.50, changing hands as low as $6.49 per share. Rand Logistics Inc shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of RLOG shares, versus its 200 day moving average:

Rand Logistics Inc 200 Day Moving Average Chart

Looking at the chart above, RLOG's low point in its 52 week range is $4.02 per share, with $8.25 as the 52 week high point — that compares with a last trade of $6.50.

RLOG operates in the Shipping sector, among companies like International Shipholding Corp. (NYSE:ISH) which is down about 2.5% today, and Excel Maritime Carriers Ltd. (NYSE:EXM) trading lower by about 4.2%. Below is a three month price history chart comparing the stock performance of RLOG, versus ISH and EXM.

RLOG,ISH,EXM Relative Performance Chart


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This Article's Word Cloud:   Below   Carriers   Excel   Investment   Logistics   Moving   NYSE   Portfolio   RLOG   Rand   Their   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   down   growth   hands   history   leads   month   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   terms   trading   versus   week   with
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Rand Logistics Inc Breaks Below 200-Day Moving Average - Bearish for RLOG | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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