CATO Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Cato Corp. ( CATO) crossed below their 200 day moving average of $27.90, changing hands as low as $27.85 per share. Cato Corp. shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of CATO shares, versus its 200 day moving average:

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Cato Corp. 200 Day Moving Average Chart

Looking at the chart above, CATO's low point in its 52 week range is $22.16 per share, with $34.75 as the 52 week high point — that compares with a last trade of $27.93.

According to the ETF Finder at ETF Channel, CATO makes up 2.54% of the Dynamic Retail Portfolio ETF ( PMR) which is trading higher by about 0.2% on the day Thursday.