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Markets

LAD Crosses Above Key Moving Average Level

· Nasdaq

In trading on Friday, shares of Lithia Motors Inc (Symbol: LAD) crossed above their 200 day moving average of $313.24, changing hands as high as $316.88 per share. Lithia Motors Inc shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of LAD shares, versus its 200 day moving average:

Looking at the chart above, LAD's low point in its 52 week range is $239.78 per share, with $439.49 as the 52 week high point — that compares with a last trade of $316.40.