CATO Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Cato Corp. ( CATO) crossed above their 200 day moving average of $28.24, changing hands as high as $28.40 per share. Cato Corp. shares are currently trading up about 3% 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 $28.31.

According to the ETF Finder at ETF Channel, CATO makes up 2.35% of the Dynamic Retail Portfolio ETF ( PMR) which is trading up by about 1.3% on the day Wednesday.

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