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MOV Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, September 1, 11:54 AM ET
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In trading on Thursday, shares of Movado Group, Inc. (NYSE:MOV) crossed above their 200 day moving average of $15.20, changing hands as high as $16.08 per share. Movado Group, Inc. shares are currently trading up about 8.3% on the day. The chart below shows the one year performance of MOV shares, versus its 200 day moving average:

Movado Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, MOV's low point in its 52 week range is $9.50 per share, with $17.97 as the 52 week high point that compares with a last trade of $14.88.

MOV operates in the Consumer Goods sector, among companies like Nutraceutical International Corp. (NUTR), and Leapfrog Enterprises Inc (NYSE:LF) trading lower by about 1.5%. Below is a three month price history chart comparing the stock performance of MOV, versus LF.

MOV,LF Relative Performance Chart


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