In trading on Friday, shares of Tenaris SA (Symbol: TS) crossed above their 200 day moving average of $44.72, changing hands as high as $44.89 per share. Tenaris SA shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of TS shares, versus its 200 day moving average:
Looking at the chart above, TS's low point in its 52 week range is $38.47 per share, with $49.87 as the 52 week high point - that compares with a last trade of $44.86.
According to the ETF Finder at ETF Channel, TS makes up 6.32% of the Steel ETF (Symbol: SLX) which is trading lower by about 1.8% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
