WMG Crosses Below Key Moving Average Level

In trading on Thursday, shares of Warner Music Group Corp (Symbol: WMG) crossed below their 200 day moving average of $33.49, changing hands as low as $32.64 per share. Warner Music Group Corp shares are currently trading down about 6.8% on the day. The chart below shows the one year performance of WMG shares, versus its 200 day moving average: Warner Music Group Corp 200 Day Moving Average Chart

Looking at the chart above, WMG's low point in its 52 week range is $23.62 per share, with $38.05 as the 52 week high point — that compares with a last trade of $33.45.

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

Also see:
• Top Ten Hedge Funds Holding FPO
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• Funds Holding STEM

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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