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IBOC Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Wednesday, June 21, 3:49 PM ET
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In trading on Wednesday, shares of International Bancshares Corp. (NASDAQ:IBOC) crossed below their 200 day moving average of $45.46, changing hands as low as $45.25 per share. International Bancshares Corp. shares are currently trading down about 1% on the day. The chart below shows the one year performance of IBOC shares, versus its 200 day moving average:

International Bancshares Corp. 200 Day Moving Average Chart

Looking at the chart above, IBOC's low point in its 52 week range is $38.58 per share, with $53.71 as the 52 week high point — that compares with a last trade of $45.47.


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