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Emerson Electric (EMR) Shares Cross Below 200 DMA
By: BNK Invest
In trading on Tuesday, shares of Emerson Electric Co. (Symbol: EMR) crossed below their 200 day moving average of $62.54, changing hands as low as $62.25 per share. Emerson Electric Co. shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of EMR shares, versus its 200 day moving average:
Looking at the chart above, EMR's low point in its 52 week range is $53.09 per share, with $70.66 as the 52 week high point - that compares with a last trade of $63.36.
According to the ETF Finder at ETF Channel, EMR makes up 2.66% of the Industrial Select Sector SPDR Fund ETF (Symbol: XLI) which is trading higher by about 0.2% on the day Tuesday.