International Paper (IP) Shares Cross Below 200 DMA

In trading on Friday, shares of International Paper Co. (IP) crossed below their 200 day moving average of $46.73, changing hands as low as $45.66 per share. International Paper Co. shares are currently trading down about 3.9% on the day. The chart below shows the one year performance of IP shares, versus its 200 day moving average:

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International Paper Co. 200 Day Moving Average Chart

Looking at the chart above, IP's low point in its 52 week range is $39.47 per share, with $50.33 as the 52 week high point — that compares with a last trade of $45.68.

According to the ETF Finder at ETF Channel, IP makes up 4.26% of the Guggenheim Timber ETF ( CUT) which is trading lower by about 2.5% on the day Friday.

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