WOR Makes Notable Cross Below Critical Moving Average


Shutterstock photo

In trading on Friday, shares of Worthington Industries, Inc. (Symbol: WOR) crossed below their 200 day moving average of $46.09, changing hands as low as $45.80 per share. Worthington Industries, Inc. shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of WOR shares, versus its 200 day moving average: Worthington Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, WOR’s low point in its 52 week range is $39.52 per share, with $53.27 as the 52 week high point – that compares with a last trade of $46.05. According to the ETF Finder at ETF Channel, WOR makes up 4.18% of the Steel ETF (Symbol: SLX) which is trading lower by about 2.9% on the day Friday.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


No Comments

Post A Comment