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MEI Crosses Above Key Moving Average Level

By Market News Video Staff, Thursday, June 30, 11:26 AM ET
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In trading on Thursday, shares of Methode Electronics, Inc. (NYSE:MEI) crossed above their 200 day moving average of $11.24, changing hands as high as $11.46 per share. Methode Electronics, Inc. shares are currently trading up about 6.7% on the day. The chart below shows the one year performance of MEI shares, versus its 200 day moving average:

Methode Electronics, Inc. 200 Day Moving Average Chart

Looking at the chart above, MEI's low point in its 52 week range is $7.85 per share, with $13.73 as the 52 week high point that compares with a last trade of $11.31.

MEI operates in the Electronic Equipment & Products sector, among companies like LG Display Co Ltd (NYSE:LPL) which is up about 0.4% today, and Trimble Navigation Ltd. (NASDAQ:TRMB) trading higher by about 2.2%. Below is a three month price history chart comparing the stock performance of MEI, versus LPL and TRMB.

MEI,LPL,TRMB Relative Performance Chart


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This Article's Word Cloud:   Above   Average   Below   Call   Definition   Display   ETFs   Earnings   Electronics   Investment   Methode   Moving   NYSE   Portfolio   Relevant   TRMB   Trimble   What   about   above   allows   among   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   moving   operates   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   with   year
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