ASTE Crosses Below Key Moving Average Level

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In trading on Tuesday, shares of Astec Industries, Inc. (Symbol: ASTE) crossed below their 200 day moving average of $54.98, changing hands as low as $53.85 per share. Astec Industries, Inc. shares are currently trading down about 3.8% on the day. The chart below shows the one year performance of ASTE shares, versus its 200 day moving average: Astec Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, ASTE's low point in its 52 week range is $45.70 per share, with $66.66 as the 52 week high point - that compares with a last trade of $55.13.

According to the ETF Finder at ETF Channel, ASTE makes up 3.53% of the First Trust RBA American Industrial Renaissance ETF (Symbol: AIRR) which is trading lower by about 1.7% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing
Referenced Symbols: ASTE , AIRR

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