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MDR Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Wednesday, July 6, 12:06 PM ET
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In trading on Wednesday, shares of McDermott International, Inc. (NYSE:MDR) crossed above their 200 day moving average of $20.14, changing hands as high as $20.30 per share. McDermott International, Inc. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of MDR shares, versus its 200 day moving average:

McDermott International, Inc.  200 Day Moving Average Chart

Looking at the chart above, MDR's low point in its 52 week range is $11.27 per share, with $26.14 as the 52 week high point — that compares with a last trade of $19.88.

According to the ETF Finder at ETF Channel, MDR makes up 2.50% of the First Trust ISE Global Engineering and Construction Index Fund ETF (AMEX:FLM) which is trading lower by about 0.5% on the day Wednesday.

     See what other ETFs contain MDR »
     See what other stocks are held by FLM »

MDR operates in the Industrial Machinery & Equipment sector, among companies like Foster (L.B.) Co. (NASDAQ:FSTR) which is up about 1.5% today, and PMFG, Inc. (NASDAQ:PMFG) trading lower by about 1%. Below is a three month price history chart comparing the stock performance of MDR, versus FSTR and PMFG.

MDR,FSTR,PMFG Relative Performance Chart


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This Article's Word Cloud:   Above   According   Below   Channel   ETFs   FSTR   First   Foster   Global   Industrial   International   McDermott   Moving   PMFG   Portfolio   Wednesday   about   above   allows   among   asset   average   chart   companies   completely   currently   designed   growth   hands   high   history   lower   moving   operates   other   performance   point   portfolio   price   range   share   shares   stocks   terms   trading   versus   week   what   which   with
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