Merchants Bancorp Breaks Below 200-Day Moving Average - Notable for MBIN
In trading on Tuesday, shares of Merchants Bancorp (Indiana) (Symbol: MBIN) crossed below their 200 day moving average of $42.65, changing hands as low as $37.00 per share. Merchants Bancorp (Indiana) shares are currently trading down about 15.1% on the day. The chart below shows the one year performance of MBIN shares, versus its 200 day moving average:
Looking at the chart above, MBIN's low point in its 52 week range is $28.985 per share, with $53.27 as the 52 week high point — that compares with a last trade of $37.10.
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