AIR Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of AAR Corp (AIR) crossed below their 200 day moving average of $27.40, changing hands as low as $27.20 per share. AAR Corp shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of AIR shares, versus its 200 day moving average:

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AAR Corp 200 Day Moving Average Chart

Looking at the chart above, AIR's low point in its 52 week range is $23.74 per share, with $31.55 as the 52 week high point — that compares with a last trade of $27.41.

According to the ETF Finder at ETF Channel, AIR makes up 4.49% of the PowerShares International BuyBack Achievers Portfolio ETF ( IPKW) which is trading lower by about 0.5% on the day Friday.

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