MDP Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Meredith Corp. ( MDP) crossed above their 200 day moving average of $47.73, changing hands as high as $47.76 per share. Meredith Corp. shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of MDP shares, versus its 200 day moving average:

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Meredith Corp. 200 Day Moving Average Chart

Looking at the chart above, MDP's low point in its 52 week range is $36.06 per share, with $53.84 as the 52 week high point — that compares with a last trade of $47.70.

According to the ETF Finder at ETF Channel, MDP makes up 1.90% of the PowerShares High Yield Equity Dividend Achievers Portfolio ETF ( PEY) which is trading lower by about 0.1% on the day Wednesday.

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