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MEA Crosses Below Key Moving Average Level

By Market News Video Staff, Friday, July 29, 1:30 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Friday, shares of Metalico Inc (AMEX:MEA) crossed below their 200 day moving average of $5.53, changing hands as low as $5.45 per share. Metalico Inc shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of MEA shares, versus its 200 day moving average:

Metalico Inc 200 Day Moving Average Chart

Looking at the chart above, MEA's low point in its 52 week range is $3.07 per share, with $6.69 as the 52 week high point — that compares with a last trade of $5.51.

According to the ETF Finder at ETF Channel, MEA makes up 1.98% of the Environmental Services ETF (AMEX:EVX) which is trading lower by about 2.2% on the day Friday.

     See what other ETFs contain MEA »
     See what other stocks are held by EVX »

MEA operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like United States Steel Corp. (NYSE:X) which is up about 0.8% today, and Allegheny Technologies, Inc (NYSE:ATI) trading lower by about 2.4%. Below is a three month price history chart comparing the stock performance of MEA, versus X and ATI.

MEA,X,ATI Relative Performance Chart


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