M&T Bank Corp Breaks Below 200-Day Moving Average - Notable for MTB

In trading on Friday, shares of M&T Bank Corp (MTB) crossed below their 200 day moving average of $111.19, changing hands as low as $110.26 per share. M & T Bank Corp shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of MTB shares, versus its 200 day moving average:

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M & T Bank Corp 200 Day Moving Average Chart

Looking at the chart above, MTB's low point in its 52 week range is $95.68 per share, with $119.54 as the 52 week high point — that compares with a last trade of $111.76.

According to the ETF Finder at ETF Channel, MTB makes up 4.03% of the KBW Bank Portfolio ETF ( KBWB) which is trading lower by about 0.5% on the day Friday.

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