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Bearish Two Hundred Day Moving Average Cross - IEP

By Market News Video Staff, Wednesday, November 2, 4:39 PM ET
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In trading on Wednesday, shares of Icahn Enterprises L P (NASDAQ:IEP) crossed below their 200 day moving average of $40.84, changing hands as low as $40.26 per share. Icahn Enterprises L P shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of IEP shares, versus its 200 day moving average:

Icahn Enterprises L P 200 Day Moving Average Chart

Looking at the chart above, IEP's low point in its 52 week range is $33.18 per share, with $46.96 as the 52 week high point — that compares with a last trade of $41.31.

IEP operates in the Auto Parts sector, among companies like Honeywell International, Inc. (NYSE:HON) which is up about 2.6% today, and Johnson Controls Inc (NYSE:JCI) trading higher by about 1.6%. Below is a three month price history chart comparing the stock performance of IEP, versus HON and JCI.

IEP,HON,JCI Relative Performance Chart


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