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FLS Crosses Below Key Moving Average Level

By Market News Video Staff, Wednesday, May 25, 11:21 AM ET
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In trading on Wednesday, shares of Flowserve Corp. (NYSE:FLS) crossed below their 200 day moving average of $115.66, changing hands as low as $115.28 per share. Flowserve Corp. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of FLS shares, versus its 200 day moving average:

Flowserve Corp. 200 Day Moving Average Chart

Looking at the chart above, FLS's low point in its 52 week range is $81.35 per share, with $135.72 as the 52 week high point — that compares with a last trade of $116.67.

According to the ETF Finder at ETF Channel, FLS makes up 3.28% of the Water Resources Portfolio ETF (AMEX:PHO) which is trading up by about 1% on the day Wednesday.

     See what other ETFs contain FLS »
     See what other stocks are held by PHO »

FLS operates in the Industrial Machinery & Equipment sector, among companies like McDermott International, Inc. (NYSE:MDR) which is up about 2.5% today, and Airgas Inc. (NYSE:ARG) trading higher by about 1.3%. Below is a three month price history chart comparing the stock performance of FLS, versus MDR and ARG.

FLS,MDR,ARG Relative Performance Chart


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This Article's Word Cloud:   AMEX   According   Airgas   Average   Below   Channel   Corp   ETFs   Flowserve   Industrial   Investment   Moving   NYSE   Portfolio   Wednesday   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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