Are Shipping Stocks the Best Value Play of 2011? Monday, January 31, 2:17 PM ET, by Market News Video Staff Over the past month, drybulk shippers have watched the Baltic Dry Index fall from just ...
Weekly ETF Leaders and Laggards: XTN, KWT Friday, March 11, 4:33 PM ET, by Market News Video Staff The SPDR S&P Transportation ETF (XTN) outperformed other ETFs this week, up about 2.7%. Components ...
KNX Crosses Above Key Moving Average Level Thursday, April 14, 3:57 PM ET, by Market News Video Staff In trading on Thursday, shares of Knight Transportation Inc. (KNX) crossed above their 200 day ...
In trading on Monday, shares of Kirby Corp. (NYSE:KEX) crossed below their 200 day moving average of $51.30, changing hands as low as $48.11 per share. Kirby Corp. shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of KEX shares, versus its 200 day moving average:
Looking at the chart above, KEX's low point in its 52 week range is $35.78 per share, with $60.00 as the 52 week high point — that compares with a last trade of $50.36.
According to the ETF Finder at ETF Channel, KEX makes up 3.22% of the SPDR S&P Transportation ETF (AMEX:XTN) which is trading lower by about 3.9% on the day Monday.
KEX operates in the Shipping sector, among companies like Rand Logistics Inc (NASDAQ:RLOG) which is down about 3.4% today, and Eagle Bulk Shipping Inc (NASDAQ:EGLE) trading lower by about 2.3%. Below is a three month price history chart comparing the stock performance of KEX, versus RLOG and EGLE.
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