Wausau Paper Breaks Below 200-Day Moving Average - Notable for WPP

In trading on Wednesday, shares of Wausau Paper Corp ( WPP) crossed below their 200 day moving average of $12.34, changing hands as low as $12.27 per share. Wausau Paper Corp shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of WPP shares, versus its 200 day moving average:

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Wausau Paper Corp 200 Day Moving Average Chart

Looking at the chart above, WPP's low point in its 52 week range is $9.57 per share, with $14.04 as the 52 week high point — that compares with a last trade of $12.27.

According to the ETF Finder at ETF Channel, WPP makes up 1.43% of the PowerShares S&P SmallCap Materials Portfolio ETF ( PSCM) which is trading lower by about 1.7% on the day Wednesday.

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