In trading on Friday, shares of Sinclair Broadcast Group Inc (Symbol: SBGI) crossed below their 200 day moving average of $28.79, changing hands as low as $28.51 per share. Sinclair Broadcast Group Inc shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of SBGI shares, versus its 200 day moving average:
Looking at the chart above, SBGI's low point in its 52 week range is $22.44 per share, with $39.60 as the 52 week high point — that compares with a last trade of $28.74.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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