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Dynamic Materials Corp. (BOOM) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, June 6, 2:39 PM ET
Play Video: Learn About The 200 DMA

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In trading on Monday, shares of Dynamic Materials Corp. (NASDAQ:BOOM) crossed below their 200 day moving average of $20.24, changing hands as low as $20.15 per share. Dynamic Materials Corp. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of BOOM shares, versus its 200 day moving average:

Dynamic Materials Corp. 200 Day Moving Average Chart

Looking at the chart above, BOOM's low point in its 52 week range is $13.50 per share, with $29.69 as the 52 week high point that compares with a last trade of $20.66.

BOOM operates in the Industrial Machinery & Equipment sector, among companies like Snap-On, Inc. (NYSE:SNA) which is off about 0.2% today, and Nordson Corp. (NASDAQ:NDSN) trading lower by about 0.3%. Below is a three month price history chart comparing the stock performance of BOOM, versus SNA and NDSN.

BOOM,SNA,NDSN Relative Performance Chart


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