LFC Crosses Above Key Moving Average Level

By MarketNewsVideo.com,

Shutterstock photo

In trading on Thursday, shares of China Life Insurance Co Ltd (Symbol: LFC) crossed above their 200 day moving average of $41.89, changing hands as high as $42.58 per share. China Life Insurance Co Ltd shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of LFC shares, versus its 200 day moving average: China Life Insurance Co Ltd 200 Day Moving Average Chart

Looking at the chart above, LFC's low point in its 52 week range is $35.05 per share, with $49.65 as the 52 week high point - that compares with a last trade of $42.48.

According to the ETF Finder at ETF Channel, LFC makes up 5.02% of the Vanguard FTSE Emerging Markets ETF (Symbol: VWO) which is trading up by about 0.4% on the day Thursday.

Click here to find out which 9 other 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 Investing Ideas
Referenced Stocks: LFC , VWO

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