In trading on Friday, shares of General Electric Co (Symbol: GE) crossed below their 200 day moving average of $30.67, changing hands as low as $30.52 per share. General Electric Co shares are currently trading off about 2% on the day. The chart below shows the one year performance of GE shares , versus its 200 day moving average:
Looking at the chart above, GE's low point in its 52 week range is $27.10 per share, with $33.00 as the 52 week high point - that compares with a last trade of $30.57.
GE makes up 11.76% of the iShares Edge MSCI Multifactor Industrials ETF (Symbol: INDF)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.