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Smart Balance Inc Breaks Below 200-Day Moving Average - Bearish for SMBL

By Market News Video Staff, Monday, August 22, 11:16 AM ET
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In trading on Friday, shares of Smart Balance Inc (SMBL) crossed below their 200 day moving average of $4.57, changing hands as low as $4.55 per share. Smart Balance Inc shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of SMBL shares, versus its 200 day moving average:

Smart Balance Inc 200 Day Moving Average Chart

Looking at the chart above, SMBL's low point in its 52 week range is $3.35 per share, with $5.74 as the 52 week high point — that compares with a last trade of $4.59.

SMBL operates in the Food & Beverage sector, among companies like Ralcorp Holdings, Inc. (RAH) which is down about 1.4% today, and Wimm-Bill-Dann Foods OJSC (WBD). Below is a three month price history chart comparing the stock performance of SMBL, versus RAH.

SMBL,RAH Relative Performance Chart


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This Article's Word Cloud:   Balance   Below   Beverage   Dann   Food   Friday   Investment   Moving   Portfolio   Ralcorp   SMBL   Smart   Wimm   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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Smart Balance Inc Breaks Below 200-Day Moving Average - Bearish for SMBL | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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