VE Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Veolia Environnement ( VE) crossed below their 200 day moving average of $11.98, changing hands as low as $11.68 per share. Veolia Environnement shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of VE shares, versus its 200 day moving average:

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Veolia Environnement 200 Day Moving Average Chart

Looking at the chart above, VE's low point in its 52 week range is $9.37 per share, with $14.06 as the 52 week high point — that compares with a last trade of $11.77.

According to the ETF Finder at ETF Channel, VE makes up 9.21% of the Environmental Services ETF ( EVX) which is trading lower by about 2.1% on the day Thursday.
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