BGC Crosses Below Key Moving Average Level

In trading on Wednesday, shares of General Cable Corp. (BGC) crossed below their 200 day moving average of $13.15, changing hands as low as $12.95 per share. General Cable Corp. shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of BGC shares, versus its 200 day moving average:

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General Cable Corp.  200 Day Moving Average Chart

Looking at the chart above, BGC's low point in its 52 week range is $6.22 per share, with $16.46 as the 52 week high point — that compares with a last trade of $13.00.

According to the ETF Finder at ETF Channel, BGC makes up 3.65% of the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF ( GRID) which is trading lower by about 1.5% on the day Wednesday.

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