In trading on Friday, shares of CIT Group, Inc. (CIT) crossed below their 200 day moving average of $48.08, changing hands as low as $47.71 per share. CIT Group, Inc. shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of CIT shares, versus its 200 day moving average:
Looking at the chart above, CIT's low point in its 52 week range is $39.46 per share, with $52.72 as the 52 week high point — that compares with a last trade of $47.95.
According to the ETF Finder at ETF Channel, CIT makes up 1.86% of the SPDR S&P Bank ETF (KBE) which is trading lower by about 2.4% on the day Friday.