LMND Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Lemonade Inc (Symbol: LMND) crossed below their 200 day moving average of $28.55, changing hands as low as $27.63 per share. Lemonade Inc shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of LMND shares, versus its 200 day moving average:
Looking at the chart above, LMND's low point in its 52 week range is $14.03 per share, with $53.85 as the 52 week high point — that compares with a last trade of $28.36.
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