Markets

FTAI Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of Fortress Transportation & Infrastructure Investors LLC (Symbol: FTAI) crossed above their 200 day moving average of $15.53, changing hands as high as $15.54 per share. Fortress Transportation & Infrastructure Investors LLC shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of FTAI shares, versus its 200 day moving average:

Fortress Transportation & Infrastructure Investors LLC 200 Day Moving Average Chart

Looking at the chart above, FTAI's low point in its 52 week range is $12.84 per share, with $18.80 as the 52 week high point — that compares with a last trade of $15.53.

Click here to find out which 9 other dividend 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 Nasdaq, Inc.

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