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| Commercial Metals Breaks Above 200-Day Moving Average - Bullish for CMCBy Metals Channel Staff, Wednesday, June 7, 11:11 AM ET
In trading on Wednesday, shares of Commercial Metals Co. (NYSE:CMC) crossed above their 200 day moving average of $46.69, changing hands as high as $47.69 per share. Commercial Metals Co. shares are currently trading up about 1.9% 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 $31.47 per share, with $58.09 as the 52 week high point — that compares with a last trade of $47.27. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
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