ASCMA Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Ascent Capital Group, Inc. (ASCMA) crossed below their 200 day moving average of $78.92, changing hands as low as $78.40 per share. Ascent Capital Group, Inc. shares are currently trading off about 1% on the day. The chart below shows the one year performance of ASCMA shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

Ascent Capital Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, ASCMA's low point in its 52 week range is $62.70 per share, with $89.04 as the 52 week high point — that compares with a last trade of $79.22.

According to the ETF Finder at ETF Channel, ASCMA makes up 5.91% of the Guggenheim Spin-Off ETF ( CSD) which is trading lower by about 1.1% on the day Wednesday.

More from Stocks

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit