MCY Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Mercury General Corp. (Symbol: MCY) crossed below their 200 day moving average of $61.14, changing hands as low as $59.75 per share. Mercury General Corp. shares are currently trading down about 6.8% on the day. The chart below shows the one year performance of MCY shares, versus its 200 day moving average:
Looking at the chart above, MCY's low point in its 52 week range is $37.08 per share, with $80.72 as the 52 week high point — that compares with a last trade of $60.59.
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