Notable Two Hundred Day Moving Average Cross – PPC
In trading on Wednesday, shares of Pilgrims Pride Corp. (Symbol: PPC) crossed below their 200 day moving average of $28.05, changing hands as low as $27.67 per share. Pilgrims Pride Corp. shares are currently trading down about 6.2% on the day. The chart below shows the one year performance of PPC shares, versus its 200 day moving average:
Looking at the chart above, PPC’s low point in its 52 week range is $18.1001 per share, with $38.39 as the 52 week high point – that compares with a last trade of $27.77. According to the ETF Finder at ETF Channel, PPC makes up 4.28% of the First Trust Consumer Staples AlphaDEX Fund ETF (Symbol: FXG) which is trading lower by about 0.4% on the day Wednesday.
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