In trading on Friday, shares of Raytheon Co. (Symbol: RTN) crossed below their 200 day moving average of $92.28, changing hands as low as $92.11 per share. Raytheon Co. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of RTN shares, versus its 200 day moving average:
Looking at the chart above, RTN's low point in its 52 week range is $68.86 per share, with $102.33 as the 52 week high point - that compares with a last trade of $92.03.
According to the ETF Finder at ETF Channel, RTN makes up 5.36% of the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) which is trading lower by about 1% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.