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Schnitzer Steel Industries (SCHN) Shares Cross Below 200 DMA

By Metals Channel Staff, Tuesday, November 30, 12:46 PM ET
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In trading on Tuesday, shares of Schnitzer Steel Industries Inc (SCHN) crossed below their 200 day moving average of $48.18, changing hands as low as $47.58 per share. Schnitzer Steel Industries Inc shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of SCHN shares, versus its 200 day moving average:

Schnitzer Steel Industries Inc 200 Day Moving Average Chart

Looking at the chart above, SCHN's low point in its 52 week range is $25.7484 per share, with $59.3449 as the 52 week high point — that compares with a last trade of $48.27.


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