MGRC Crosses Below Key Moving Average Level
In trading on Friday, shares of McGrath RentCorp (Symbol: MGRC) crossed below their 200 day moving average of $116.79, changing hands as low as $109.26 per share. McGrath RentCorp shares are currently trading off about 5.8% on the day. The chart below shows the one year performance of MGRC shares, versus its 200 day moving average:
Looking at the chart above, MGRC's low point in its 52 week range is $97.805 per share, with $129.93 as the 52 week high point — that compares with a last trade of $113.44.
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