NP Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of Neenah Paper Inc (Symbol: NP) crossed below their 200 day moving average of $77.85, changing hands as low as $76.10 per share. Neenah Paper Inc shares are currently trading down about 6.6% on the day. The chart below shows the one year performance of NP shares, versus its 200 day moving average: Neenah Paper Inc 200 Day Moving Average Chart

Looking at the chart above, NP's low point in its 52 week range is $52.70 per share, with $90.23 as the 52 week high point - that compares with a last trade of $76.60.

According to the ETF Finder at ETF Channel, NP makes up 2.21% of the PowerShares DWA Basic Materials Momentum Portfolio ETF (Symbol: PYZ) which is trading lower by about 0.6% on the day Thursday.

Click here to find out which 9 other dividend 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 , Options
Referenced Symbols: NP , PYZ

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