In trading on Thursday, shares of Welbilt Inc (Symbol: WBT) crossed below their 200 day moving average of $21.26, changing hands as low as $20.77 per share. Welbilt Inc shares are currently trading down about 8.5% on the day. The chart below shows the one year performance of WBT shares, versus its 200 day moving average:
Looking at the chart above, WBT's low point in its 52 week range is $18.34 per share, with $23.85 as the 52 week high point - that compares with a last trade of $20.98.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.