CTRE Crosses Below Key Moving Average Level

In trading on Thursday, shares of CareTrust REIT Inc (CTRE) crossed below their 200 day moving average of $13.28, changing hands as low as $13.13 per share. CareTrust REIT Inc shares are currently trading down about 2% on the day. The chart below shows the one year performance of CTRE shares, versus its 200 day moving average:

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CareTrust REIT Inc 200 Day Moving Average Chart

Looking at the chart above, CTRE's low point in its 52 week range is $9.12 per share, with $15.88 as the 52 week high point — that compares with a last trade of $13.18.

According to the ETF Finder at ETF Channel, CTRE makes up 1.39% of the PowerShares DWA Financial Momentum Portfolio ETF ( PFI) which is trading lower by about 0.6% on the day Thursday.

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