Patrick Industries Falls Below Key 200-Day Moving Average: A Significant Signal for PATK Investors

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Patrick Industries Shares Slip Below Key Moving Average

Latest Trading Update for Investors

On Friday, Patrick Industries Inc (Symbol: PATK) saw its shares fall below the crucial 200-day moving average, which stands at $118.47. The stock was traded as low as $114.98, marking a decline of approximately 7.9% for the day.

The accompanying chart illustrates PATK’s performance over the past year in relation to its 200-day moving average:

Patrick Industries Inc 200 Day Moving Average Chart

Over the past year, PATK has seen its shares fluctuate significantly, with a lowest point at $75.01 and a peak of $148.35. As of the most recent trade, the stock is priced at $115.77.

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

Additional Resources:
  • Holdings Channel
  • Funds Holding VGK
  • Institutional Holders of XTKG

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

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