LIN Crosses Below Key Moving Average Level

In trading on Wednesday, shares of LIN Media LLC ( LIN) crossed below their 200 day moving average of $25.13, changing hands as low as $25.00 per share. LIN Media LLC shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of LIN shares, versus its 200 day moving average:

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LIN Media LLC 200 Day Moving Average Chart

Looking at the chart above, LIN's low point in its 52 week range is $14.57 per share, with $29.24 as the 52 week high point — that compares with a last trade of $25.24.

According to the ETF Finder at ETF Channel, LIN makes up 2.60% of the PowerShares Dynamic Media Portfolio ETF ( PBS) which is trading lower by about 1.1% on the day Wednesday.

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How Will LIN Media (LIN) Stock Respond To This Analyst Downgrade Today?