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SBS Falls Below Key Moving Average Threshold

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SABESP Shares Slip Below Key Moving Average

Stock Performance Dips Amid Market Fluctuations

In trading on Friday, shares of Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP (Symbol: SBS) fell below their 200-day moving average of $15.84, reaching a low of $15.39 per share. As a result, SABESP shares are down approximately 3.1% for the day. The chart below illustrates the one-year performance of SBS shares in relation to the 200-day moving average:

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP 200 Day Moving Average Chart

The chart indicates that SBS’s low point over the past 52 weeks was $12.03 per share, while the highest point reached $18.3599. The last recorded trade stands at $15.32.

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Click here to find out which 9 other energy 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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