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R Makes Notable Cross Below Critical Moving Average
By Dividend Channel Staff, Wednesday, November 14, 5:59 PM ET
In trading on Wednesday, shares of Ryder System, Inc. (NYSE:R) crossed below their 200 day moving average of $44.95, changing hands as low as $43.88 per share. Ryder System, Inc. shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of R shares, versus its 200 day moving average:
Looking at the chart above, R's low point in its 52 week range is $32.76 per share, with $57.63 as the 52 week high point — that compares with a last trade of $44.03.
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According to the ETF Finder at ETF Channel, R makes up 4.94% of the iShares Dow Jones Transportation Average Index Fund ETF (AMEX:IYT) which is trading lower by about 2.3% on the day Wednesday.
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