MPEL Crosses Below Key Moving Average Level Tuesday, October 18, 11:46 AM ET, by Market News Video Staff In trading on Tuesday, shares of Melco Crown Entertainment Ltd (MPEL) crossed below their 200 ...
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In trading on Thursday, shares of Melco Crown Entertainment Ltd (NASDAQ:MPEL) crossed below their 200 day moving average of $9.82, changing hands as low as $9.77 per share. Melco Crown Entertainment Ltd shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of MPEL shares, versus its 200 day moving average:
Looking at the chart above, MPEL's low point in its 52 week range is $4.80 per share, with $16.15 as the 52 week high point — that compares with a last trade of $10.03.
MPEL operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Shuffle Master, Inc. (NASDAQ:SHFL) which is off about 0.8% today, and Sonic Corp. (NASDAQ:SONC) trading lower by about 0.1%. Below is a three month price history chart comparing the stock performance of MPEL, versus SHFL and SONC.
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