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GSM Makes Notable Cross Below Critical Moving Average

By Metals Channel Staff, Thursday, November 8, 12:03 PM ET
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In trading on Thursday, shares of Globe Specialty Metals Inc (NASDAQ:GSM) crossed below their 200 day moving average of $14.05, changing hands as low as $13.95 per share. Globe Specialty Metals Inc shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of GSM shares, versus its 200 day moving average:

Globe Specialty Metals Inc 200 Day Moving Average Chart

Looking at the chart above, GSM's low point in its 52 week range is $11.41 per share, with $17.68 as the 52 week high point that compares with a last trade of $14.03.


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According to the ETF Finder at ETF Channel, GSM makes up 2.92% of the S&P SmallCap Materials Portfolio ETF (NASDAQ:PSCM) which is trading lower by about 0.4% on the day Thursday.

See what other ETFs contain GSM
See what other stocks are held by PSCM


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