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Arcos Dorados Holdings (ARCO) Shares Cross Above 200 DMA

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In trading on Wednesday, shares of Arcos Dorados Holdings Inc (NYSE: ARCO) crossed above their 200 day moving average of $12.37, changing hands as high as $12.48 per share. Arcos Dorados Holdings Inc shares are currently trading up about 4.2% on the day. The chart below shows the one year performance of ARCO shares, versus its 200 day moving average:

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Looking at the chart above, ARCO's low point in its 52 week range is $10.45 per share, with $15.52 as the 52 week high point — that compares with a last trade of $12.33.


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According to the ETF Finder at ETFChannel.com, ARCO makes up 7.76% of the FTSE Argentina 20 ETF (AMEX: ARGT) which is trading lower by about 0.6% on the day Wednesday.