Retail opportunity investment breaks above 200-day moving average – bullish for ROI

IIn Friday’s session, shares of Retail Opportunity Investments Corp (Ticker: ROIC) broke above their 200-day moving average of $18.06, changing hands as high as $18.16 per share. Shares of Retail Opportunity Investments Corp are currently trading up around 1% on the day. The chart below shows the one-year performance of ROIC stocks, compared to its 200-day moving average:

Looking at the chart above, the ROIC low point in its 52-week range is $15.065 per share, with $20.09 as the 52-week high – compare with a last trade of $18.14.

Click here to find out which 9 other dividend-paying stocks recently broke their 200-day moving average »

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