Wednesday saw a critical juncture for WPP plc (Symbol: WPP) as its shares dipped below the 200-day moving average, touching $48.90 per share. This decline amounts to approximately 1.6% for the day. The one-year performance of WPP shares in comparison to its 200-day moving average is depicted below:
As indicated in the chart, WPP’s 52-week low is at $41.13 per share, and the high point is marked at $64.07 — a stark contrast to the latest trade at $49.02 per share.
For a breakdown of other dividend stocks that have recently crossed below their 200-day moving average, click here.
Also see:
- Cheap Consumer Shares
- CPIX market cap history
- ASEI Price Target
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