Arcos Dorados Holdings (ARCO) Shares Cross Below 200 DMA


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In trading on Tuesday, shares of Arcos Dorados Holdings Inc (Symbol: ARCO) crossed below their 200 day moving average of $10.44, changing hands as low as $10.38 per share. Arcos Dorados Holdings Inc shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of ARCO shares, versus its 200 day moving average: Arcos Dorados Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, ARCO's low point in its 52 week range is $8.26 per share, with $13.71 as the 52 week high point - that compares with a last trade of $10.39.

According to the ETF Finder at ETF Channel, ARCO makes up 5.98% of the FTSE Argentina 20 ETF (Symbol: ARGT) which is trading lower by about 1% on the day Tuesday.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: ARCO , ARGT

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