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HBI Crosses Below Key Moving Average Level

By Energy Stock Channel Staff, Thursday, April 25, 4:05 PM ET
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In trading on Thursday, shares of HanesBrands Inc (NYSE:HBI) crossed below their 200 day moving average of $4.60, changing hands as low as $4.45 per share. HanesBrands Inc shares are currently trading off about 7.5% on the day. The chart below shows the one year performance of HBI shares, versus its 200 day moving average:

HanesBrands Inc 200 Day Moving Average Chart

Looking at the chart above, HBI's low point in its 52 week range is $3.54 per share, with $5.86 as the 52 week high point — that compares with a last trade of $4.47.


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