IIIN Crosses Critical Technical Indicator Thursday, July 20, 11:37 AM ET, by Market News Video Staff In trading on Thursday, shares of Insteel Industries, Inc. (IIIN) entered into oversold territory, changing ...
In trading on Monday, shares of Insteel Industries, Inc. (NASDAQ:IIIN) crossed below their 200 day moving average of $11.81, changing hands as low as $11.80 per share. Insteel Industries, Inc. shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of IIIN shares, versus its 200 day moving average:
Looking at the chart above, IIIN's low point in its 52 week range is $7.73 per share, with $15.10 as the 52 week high point — that compares with a last trade of $11.81.
IIIN operates in the Metals Fabrication & Products sector, among companies like Lennox International Inc (NYSE:LII) which is off about 2% today, and Armstrong World Industry Inc (NYSE:AWI) trading lower by about 2.6%. Below is a three month price history chart comparing the stock performance of IIIN, versus LII and AWI.
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