PriceSmart Breaks Above 200-Day Moving Average - Bullish for PSMT

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In trading on Tuesday, shares of PriceSmart Inc (Symbol: PSMT) crossed above their 200 day moving average of $97.97, changing hands as high as $98.11 per share. PriceSmart Inc shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of PSMT shares, versus its 200 day moving average: PriceSmart Inc 200 Day Moving Average Chart

Looking at the chart above, PSMT's low point in its 52 week range is $73.22 per share, with $126.64 as the 52 week high point - that compares with a last trade of $97.26.

According to the ETF Finder at ETF Channel, PSMT makes up 2.28% of the Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading higher by about 0.8% on the day Tuesday.

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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: PSMT , PMR

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