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SPA Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Wednesday, September 7, 11:52 AM ET
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In trading on Wednesday, shares of Sparton Corp. (NYSE:SPA) crossed above their 200 day moving average of $8.53, changing hands as high as $8.72 per share. Sparton Corp. shares are currently trading up about 3% on the day. The chart below shows the one year performance of SPA shares, versus its 200 day moving average:

Sparton Corp. 200 Day Moving Average Chart

Looking at the chart above, SPA's low point in its 52 week range is $5.03 per share, with $10.88 as the 52 week high point that compares with a last trade of $8.72.

SPA operates in the Electronic Equipment & Products sector, among companies like China Security & Surveillance Technology Inc (CSR) which is up about 0.2% today, and AZZ Inc (NYSE:AZZ) trading up by about 1.2%. Below is a three month price history chart comparing the stock performance of SPA, versus CSR and AZZ.

SPA,CSR,AZZ Relative Performance Chart


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