FLEX Makes Bullish Cross Above Critical Moving Average Wednesday, May 25, 11:36 AM ET, by Market News Video Staff In trading on Wednesday, shares of Flextronics International Ltd. (FLEX) crossed above their 200 day ...
In trading on Thursday, shares of Encore Wire Corp. (NASDAQ:WIRE) crossed below their 200 day moving average of $23.75, changing hands as low as $22.05 per share. Encore Wire Corp. shares are currently trading off about 8.3% on the day. The chart below shows the one year performance of WIRE shares, versus its 200 day moving average:
Looking at the chart above, WIRE's low point in its 52 week range is $17.98 per share, with $28.50 as the 52 week high point — that compares with a last trade of $22.21.
WIRE operates in the Electronic Equipment & Products sector, among companies like AMETEK, Inc. (NYSE:AME) which is trading flat today, and Roper Industries, Inc (NYSE:ROP) trading lower by about 0.1%. Below is a three month price history chart comparing the stock performance of WIRE, versus AME and ROP.
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