GGB Crosses Critical Technical Indicator Monday, January 27, 4:03 PM ET, by Market News Video Staff In trading on Monday, shares of Gerdau S.A. (GGB) entered into oversold territory, changing hands ...
In trading on Monday, shares of Sterlite Industries Ltd. (SLT) crossed below their 200 day moving average of $15.00, changing hands as low as $14.91 per share. Sterlite Industries Ltd. shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of SLT shares, versus its 200 day moving average:
Looking at the chart above, SLT's low point in its 52 week range is $12.58 per share, with $19.27 as the 52 week high point — that compares with a last trade of $15.10.
SLT operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like A.M. Castle & Co. (NYSE:CAS) which is down about 4.2% today, and Mesabi Trust (NYSE:MSB) trading lower by about 3.9%. Below is a three month price history chart comparing the stock performance of SLT, versus CAS and MSB.
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