Cabot Breaks Above 200-Day Moving Average - Bullish for CBT
In trading on Thursday, shares of Cabot Corp. (Symbol: CBT) crossed above their 200 day moving average of $73.59, changing hands as high as $74.06 per share. Cabot Corp. shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of CBT shares, versus its 200 day moving average:
Looking at the chart above, CBT's low point in its 52 week range is $58.33 per share, with $92.89 as the 52 week high point — that compares with a last trade of $73.85.
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