Cummins Enters Oversold Territory Tuesday, September 16, 11:44 AM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
In trading on Friday, shares of Cummins, Inc. (NYSE:CMI) crossed below their 200 day moving average of $104.13, changing hands as low as $102.05 per share. Cummins, Inc. shares are currently trading down about 2% on the day. The chart below shows the one year performance of CMI shares, versus its 200 day moving average:
Looking at the chart above, CMI's low point in its 52 week range is $71.51 per share, with $121.49 as the 52 week high point — that compares with a last trade of $104.16.
CMI operates in the Construction sector, among companies like Northwest Pipe Co. (NASDAQ:NWPX) which is trading flat today, and Alamo Group, Inc. (NYSE:ALG) trading higher by about 0.3%. Below is a three month price history chart comparing the stock performance of CMI, versus NWPX and ALG.
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