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TOWN Crosses Below Key Moving Average Level

By Dividend Channel Staff, Tuesday, April 16, 1:39 PM ET
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In trading on Tuesday, shares of TowneBank (NASDAQ:TOWN) crossed below their 200 day moving average of $25.94, changing hands as low as $25.72 per share. TowneBank shares are currently trading down about 0.8% on the day. The chart below shows the one year performance of TOWN shares, versus its 200 day moving average:

TowneBank 200 Day Moving Average Chart

Looking at the chart above, TOWN's low point in its 52 week range is $21.22 per share, with $31.08 as the 52 week high point — that compares with a last trade of $25.98.


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