CNK Crosses Above Key Moving Average Level

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In trading on Friday, shares of Cinemark Holdings Inc (Symbol: CNK) crossed above their 200 day moving average of $40.89, changing hands as high as $41.43 per share. Cinemark Holdings Inc shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of CNK shares, versus its 200 day moving average: Cinemark Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, CNK's low point in its 52 week range is $32.60 per share, with $44.84 as the 52 week high point - that compares with a last trade of $41.42.

According to the ETF Finder at ETF Channel, CNK makes up 2.78% of the PowerShares Dynamic Leisure and Entertainment Portfolio ETF (Symbol: PEJ) which is trading lower by about 0.2% on the day Friday.

Click here to find out which 9 other dividend stocks recently crossed above 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 , Options
Referenced Symbols: CNK , PEJ

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