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Meredith Breaks Below 200-Day Moving Average - Notable for MDP

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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:

Meredith Corp 200 Day Moving Average Chart

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.

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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