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LAD Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Tuesday, April 2, 11:04 AM ET
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In trading on Tuesday, shares of Lithia Motors Inc (NYSE:LAD) crossed below their 200 day moving average of $291.21, changing hands as low as $286.35 per share. Lithia Motors Inc shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of LAD shares, versus its 200 day moving average:

Lithia Motors Inc 200 Day Moving Average Chart

Looking at the chart above, LAD's low point in its 52 week range is $205.97 per share, with $331.96 as the 52 week high point — that compares with a last trade of $286.03.

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