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Kennametal Breaks Above 200-Day Moving Average - Bullish for KMT

In trading on Tuesday, shares of Kennametal Inc. (Symbol: KMT) crossed above their 200 day moving average of $24.49, changing hands as high as $26.24 per share. Kennametal Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of KMT shares, versus its 200 day moving average:

Kennametal Inc. 200 Day Moving Average Chart

Looking at the chart above, KMT's low point in its 52 week range is $15.11 per share, with $39.91 as the 52 week high point - that compares with a last trade of $24.93.

According to the ETF Finder at ETF Channel, KMT makes up 9.66% of the Vanguard Russell 1000 ETF (Symbol: VONE) which is trading lower by about 1.1% on the day Tuesday.

Click here to find out which 9 other dividend stocks recently crossed above 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.


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

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