HomeMarket NewsCMRE Dips Below Key Moving Average: What It Means for Investors

CMRE Dips Below Key Moving Average: What It Means for Investors

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Costamare Inc Shares Fall Below Key Moving Average

CMRE Shares Analyze 200-Day Trend

On Tuesday, shares of Costamare Inc (Symbol: CMRE) fell below their 200-day moving average of $13.62, trading as low as $13.42. Currently, CMRE shares are down approximately 1.8% for the day. The following chart illustrates the one-year performance of CMRE shares alongside its 200-day moving average:

Costamare Inc 200 Day Moving Average Chart

According to the chart, CMRE’s 52-week low stands at $9.16 per share, while the 52-week high reached $17.575. This is against the backdrop of a recent trading price of $13.51.

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

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

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