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CAS Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, June 30, 3:55 PM ET
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In trading on Thursday, shares of A.M. Castle & Co. (NYSE:CAS) crossed above their 200 day moving average of $16.68, changing hands as high as $16.74 per share. A.M. Castle & Co. shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of CAS shares, versus its 200 day moving average:

A.M. Castle & Co. 200 Day Moving Average Chart

Looking at the chart above, CAS's low point in its 52 week range is $12.66 per share, with $19.29 as the 52 week high point — that compares with a last trade of $16.46.

According to the ETF Finder at ETF Channel, CAS makes up 1.20% of the Rydex S&P SmallCap 600 Pure Value ETF (AMEX:RZV) which is trading higher by about 0.8% on the day Thursday.

     See what other ETFs contain CAS »
     See what other stocks are held by RZV »

CAS operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Sterlite Industries Ltd. (NYSE:SLT) which is up about 0.1% today, and Kobex Minerals Inc. (AMEX:KXM) trading lower by about 2.6%. Below is a three month price history chart comparing the stock performance of CAS, versus SLT and KXM.

CAS,SLT,KXM Relative Performance Chart


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