MTZ Crosses Below Key Moving Average Level

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In trading on Monday, shares of MasTec Inc. (Symbol: MTZ) crossed below their 200 day moving average of $35.47, changing hands as low as $31.30 per share. MasTec Inc. shares are currently trading down about 12% on the day. The chart below shows the one year performance of MTZ shares, versus its 200 day moving average: MasTec Inc. 200 Day Moving Average Chart

Looking at the chart above, MTZ's low point in its 52 week range is $28.88 per share, with $44.80 as the 52 week high point - that compares with a last trade of $31.60.

According to the ETF Finder at ETF Channel, MTZ makes up 2.34% of the First Trust RBA American Industrial Renaissance ETF (Symbol: AIRR) which is trading relatively unchanged on the day Monday.

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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: MTZ , AIRR

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As of 12/17/2014, 03:46 PM


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