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Thursday, September 25, 1:10 PM ET, by Market News Video Staff
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Commercial Metals Co. Breaks Below 200-Day Moving Average - Notable for CMC
By Metals Channel Staff, Thursday, November 8, 5:45 PM ET
In trading on Thursday, shares of Commercial Metals Co. (NYSE:CMC) crossed below their 200 day moving average of $13.47, changing hands as low as $13.40 per share. Commercial Metals Co. shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of CMC shares, versus its 200 day moving average:
Looking at the chart above, CMC's low point in its 52 week range is $11.30 per share, with $16.48 as the 52 week high point — that compares with a last trade of $13.59.
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According to the ETF Finder at ETF Channel, CMC makes up 3.19% of the SPDR S&P Metals and Mining ETF (AMEX:XME) which is trading lower by about 0.8% on the day Thursday.
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