Cleco Corp. (CNL) Shares Cross Below 200 DMA

In trading on Thursday, shares of Cleco Corp. ( CNL) crossed below their 200 day moving average of $51.64, changing hands as low as $48.60 per share. Cleco Corp. shares are currently trading down about 8.5% on the day. The chart below shows the one year performance of CNL shares, versus its 200 day moving average:

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Cleco Corp. 200 Day Moving Average Chart

Looking at the chart above, CNL's low point in its 52 week range is $43.69 per share, with $59.21 as the 52 week high point — that compares with a last trade of $49.15.

According to the ETF Finder at ETF Channel, CNL makes up 2.43% of the PowerShares DWA Utilities Momentum Portfolio ETF ( PUI) which is trading higher by about 0.1% on the day Thursday.

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