In trading on Thursday, shares of Meredith Corp (Symbol: MDP) crossed below their 200 day moving average of $56.61, changing hands as low as $55.90 per share. Meredith Corp shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of MDP shares, versus its 200 day moving average:
Looking at the chart above, MDP's low point in its 52 week range is $43.85 per share, with $66.25 as the 52 week high point - that compares with a last trade of $56.20.
According to the ETF Finder at ETF Channel, MDP makes up 2.44% of the PowerShares Dynamic Media Portfolio ETF (Symbol: PBS) which is trading lower by about 0.3% on the day Thursday.
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