Notable Two Hundred Day Moving Average Cross - Loews

In trading on Thursday, shares of Loews Corp. ( L) crossed below their 200 day moving average of $46.31, changing hands as low as $45.84 per share. Loews Corp. shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of L shares, versus its 200 day moving average:

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Loews Corp. 200 Day Moving Average Chart

Looking at the chart above, L's low point in its 52 week range is $42.09 per share, with $49.43 as the 52 week high point — that compares with a last trade of $45.92.

According to the ETF Finder at ETF Channel, L makes up 2.65% of the iShares U.S. Insurance ETF ( IAK) which is trading lower by about 1.8% on the day Thursday.

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Loews Corp. Acquiring Consolidated Container for $1.2 Billion