Webster Financial Breaks Below 200-Day Moving Average - Notable for WBS

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In trading on Friday, shares of Webster Financial Corp (Symbol: WBS) crossed below their 200 day moving average of $53.54, changing hands as low as $53.37 per share. Webster Financial Corp shares are currently trading off about 3.2% on the day. The chart below shows the one year performance of WBS shares, versus its 200 day moving average: Webster Financial Corp 200 Day Moving Average Chart

Looking at the chart above, WBS's low point in its 52 week range is $44.04 per share, with $60.32 as the 52 week high point - that compares with a last trade of $53.41.

According to the ETF Finder at ETF Channel, WBS makes up 1.92% of the PowerShares KBW Regional Banking Portfolio ETF (Symbol: KBWR) which is trading lower by about 2.7% on the day Friday.

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: WBS , KBWR

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