Notable Two Hundred Day Moving Average Cross - SONC

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In trading on Wednesday, shares of Sonic Corp. (Symbol: SONC) crossed below their 200 day moving average of $18.95, changing hands as low as $18.81 per share. Sonic Corp. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of SONC shares, versus its 200 day moving average: Sonic Corp. 200 Day Moving Average Chart

Looking at the chart above, SONC's low point in its 52 week range is $12.40 per share, with $23.56 as the 52 week high point - that compares with a last trade of $18.94.

According to the ETF Finder at ETF Channel, SONC makes up 2.78% of the PowerShares Dynamic Leisure and Entertainment Portfolio ETF (Symbol: PEJ) which is trading lower by about 0.4% on the day Wednesday.

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: SONC , PEJ

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