PSB Crosses Below Key Moving Average Level

In trading on Friday, shares of PS Business Parks, Inc ( PSB) crossed below their 200 day moving average of $76.38, changing hands as low as $76.03 per share. PS Business Parks, Inc shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of PSB shares, versus its 200 day moving average:

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PS Business Parks, Inc 200 Day Moving Average Chart

Looking at the chart above, PSB's low point in its 52 week range is $65.50 per share, with $86.94 as the 52 week high point — that compares with a last trade of $76.71.

According to the ETF Finder at ETF Channel, PSB makes up 1.50% of the iShares Industrial/Office Real Estate Capped ETF ( FNIO) which is trading lower by about 1.5% on the day Friday.

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