McGrath RentCorp Shares Dip Below Key 200-Day Moving Average

On Friday, during trading, shares of McGrath RentCorp (Symbol: MGRC) fell below their 200-day moving average of $112.04, reaching a low of $111.76 per share. Currently, McGrath RentCorp’s shares are approximately 2.5% lower for the day. Below is a chart illustrating the one-year performance of MGRC shares in relation to its 200-day moving average:

Examining the chart above, MGRC’s 52-week performance shows a low of $95.50 per share and a high of $129.93. The most recent trade price stands at $111.95.

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

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