Church & Dwight Sets Three Month Closing Low On Downgrade

Mon. July 07, 2008; Posted: 08:09 AM

(RTTNews) - Shares of Church & Dwight (CHD | Quote | Chart | News | PowerRating) saw significant selling pressure on Thursday after a BMO Capital Markets analyst downgraded the stock to an Underperform rating. The stock gapped open sharply lower and fell further in the first five minutes of trading. While the stock moved off of its low later in the day, it still closed down $3.07 at $52.95.

With the decline, the stock broke through support and crossed its 50-day moving average to close at its worst level since late March.

For full details on Church & Dwight Co Inc (CHD) click here. Church & Dwight Co Inc (CHD) has Short Term PowerRatings of 6. Details on Church & Dwight Co Inc (CHD) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.