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Barclays Bank Plc Breaks Above 200-Day Moving Average - Bullish for GBB

By Market News Video Staff, Friday, October 28, 4:42 PM ET
Play Video: Learn About The 200 DMA

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In trading on Friday, shares of Barclays Bank Plc (AMEX:GBB) crossed above their 200 day moving average of $43.34, changing hands as high as $43.39 per share. Barclays Bank Plc shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of GBB shares, versus its 200 day moving average:

Barclays Bank Plc 200 Day Moving Average Chart

Looking at the chart above, GBB's low point in its 52 week range is $41.19 per share, with $45.12 as the 52 week high point that compares with a last trade of $43.39.

GBB operates in the Banking & Savings sector, among companies like Banco Bradesco S.A. (NYSE:BBD) which is up about 1.1% today, and Bank of Montreal (NYSE:BMO) trading lower by about 1.6%. Below is a three month price history chart comparing the stock performance of GBB, versus BBD and BMO.

GBB,BBD,BMO Relative Performance Chart


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