In trading on Wednesday, shares of POSCO (NYSE:PKX) crossed below their 200 day moving average of $106.25, changing hands as low as $105.78 per share. POSCO shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of PKX shares, versus its 200 day moving average:
Looking at the chart above, PKX's low point in its 52 week range is $94.85 per share, with $120.98 as the 52 week high point — that compares with a last trade of $106.05.
PKX operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Aluminum Corp of China Ltd. (NYSE:ACH) which is down about 2.5% today, and Gerdau S.A. (NYSE:GGB) trading lower by about 4.8%. Below is a three month price history chart comparing the stock performance of PKX, versus ACH and GGB.
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