Cadre Holdings Inc Shares Drop Below Key Moving Average

Stock Performance Analysis: CDRE Faces Decline

On Thursday, Cadre Holdings Inc (Symbol: CDRE) experienced a notable decline as its shares fell below the critical 200-day moving average of $35.00. The stock was traded as low as $34.87, marking a decrease of approximately 4.3% for the day. The accompanying chart illustrates the one-year performance of CDRE shares in relation to its 200-day moving average:

CDRE’s performance over the past year shows a low point of $27.84 per share, while the high reached $40.28. With the last recorded trade at $34.77, the stock remains well within its 52-week range.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.