BIP Crosses Below Key Moving Average Level Wednesday, February 19, 4:25 PM ET, by Market News Video Staff In trading on Wednesday, shares of Brookfield Infrastructure Partners L.P. (BIP) crossed below their 200 ...
In trading on Thursday, shares of Forestar Group Inc (NYSE:FOR) crossed below their 200 day moving average of $15.14, changing hands as low as $15.08 per share. Forestar Group Inc shares are currently trading off about 3% on the day. The chart below shows the one year performance of FOR shares, versus its 200 day moving average:
Looking at the chart above, FOR's low point in its 52 week range is $9.94 per share, with $20.77 as the 52 week high point — that compares with a last trade of $15.12.
FOR operates in the Real Estate sector, among companies like Maui Land & Pineapple Co., Inc. (NYSE:MLP) which is down about 1% today, and American Realty Capital Properties Inc (NASDAQ:ARCP) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of FOR, versus MLP and ARCP.
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