ABG Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Asbury Automotive Group, Inc (Symbol: ABG) crossed below their 200 day moving average of $59.18, changing hands as low as $58.23 per share. Asbury Automotive Group, Inc shares are currently trading off about 5.4% on the day. The chart below shows the one year performance of ABG shares, versus its 200 day moving average: Asbury Automotive Group, Inc 200 Day Moving Average Chart

Looking at the chart above, ABG’s low point in its 52 week range is $47.50 per share, with $71.00 as the 52 week high point – that compares with a last trade of $58.20.

According to the ETF Finder at ETF Channel, ABG makes up 2.45% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 0.5% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average ยป


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