In trading on Tuesday, shares of Nucor Corp. (Symbol: NUE) crossed below their 200 day moving average of $60.61, changing hands as low as $59.81 per share. Nucor Corp. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of NUE shares, versus its 200 day moving average:
Looking at the chart above, NUE's low point in its 52 week range is $51.67 per share, with $70.48 as the 52 week high point - that compares with a last trade of $60.27.
NUE makes up 5.00% of the iShares Edge MSCI Multifactor Materials ETF (Symbol: MATF)
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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