Saks, Inc. Breaks Below 200-Day Moving Average - Notable For SKS

In trading on Wednesday, shares of Saks, Inc. ( SKS) crossed below their 200 day moving average of $10.88, changing hands as low as $10.85 per share. Saks, Inc. shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of SKS shares, versus its 200 day moving average:

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Saks, Inc. 200 Day Moving Average Chart

Looking at the chart above, SKS's low point in its 52 week range is $9.24 per share, with $12.16 as the 52 week high point — that compares with a last trade of $10.86.

According to the ETF Finder at ETF Channel, SKS makes up 1.02% of the SPDR S&P Retail ETF ( XRT) which is trading lower by about 1.5% on the day Wednesday.
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