In trading on Friday, shares of Cathay General Bancorp (Symbol: CATY) crossed below their 200 day moving average of $28.87, changing hands as low as $28.29 per share. Cathay General Bancorp shares are currently trading off about 4.2% on the day. The chart below shows the one year performance of CATY shares, versus its 200 day moving average:
Looking at the chart above, CATY's low point in its 52 week range is $22.90 per share, with $34.75 as the 52 week high point - that compares with a last trade of $28.67.
According to the ETF Finder at ETF Channel, CATY makes up 1.98% of the PowerShares KBW Regional Banking Portfolio ETF (Symbol: KBWR) which is trading lower by about 4.2% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.