On Monday, Gabelli Equity Trust (Symbol: GAB) saw its shares drop below the crucial 200-day moving average of $5.47, with trading reaching as low as $5.46 per share. Currently, Gabelli Equity Trust’s stock is down approximately 2.3% for the day. The chart below illustrates the one-year performance of GAB in relation to its 200-day moving average:

Reviewing the chart, GAB’s 52-week low is noted at $5.09 per share, while the 52-week high stands at $5.85. The last recorded trade at $5.47 illustrates how it sits between these two points.

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

Also see:

• Stocks Being Bought By Hedge Funds
• TDV Market Cap History
• Top Ten Hedge Funds Holding LTN

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