CATY Dips Below Critical Moving Average Threshold

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On Wednesday, shares of Cathay General Bancorp (CATY) fell below their 200-day moving average of $45.88, trading as low as $45.56 per share. As of the last update, shares were down approximately 1.6% for the day.

CATHY’s 52-week low is $36.055, while the 52-week high stands at $55.29, comparing with the last trade price of $45.87.

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