MEI Crosses Above Average Analyst Target Monday, October 30, 9:30 AM ET, by Market News Video Staff In recent trading, shares of Methode Electronics Inc (MEI) have crossed above the average analyst ...
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:
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.
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