Stock Drops 1.5% as 200-Day Moving Average Trading is Breached
In Tuesday’s trading session, shares of Scotts Miracle-Gro Co (Symbol: SMG) fell below their 200-day moving average, now set at $72.48. The stock reached a low of $71.67 during the day, reflecting a decline of approximately 1.5%.
The chart above illustrates the performance of SMG shares over the past year alongside its 200-day moving average. Currently, the shares are situated within a 52-week range, where the lowest point was $53.43 and the highest was $93.90. As per recent trading, SMG shares are valued at $71.89.
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