Capital Goods Sector Wrap

Markets FOXBusiness

The Capital Goods sector (XLI) held steady during a trading day that saw the S&P 500 grow 1.4%.

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The ETF, as a proxy for the sector, tracked farther from the overall market today than over the past month. As trading began today, XLI was down 2.1% over the last thirty trading days while the S&P 500 climbed -1.7%.

China GengSheng Minerals (CHGS) was a major loser in the sector. Its price dropped 10.1% (-8 cents) to close at 72 cents, as 142,013 shares moved. The stock traded between 72 cents and 79 cents. The stock has fallen over the last three months, dropping 34 cents (-31.9%) from $1.05 on January 27, 2012.

EDAC Technologies Corporation (EDAC) was a significant gainer in the sector, rising 9%. The stock closed at $14.04 with 58,378 shares moving. The stock traded in a range of $13.45 to $14.50.

The Timken Company (TKR) rose 7.3% to close at $54.86, cross its 50-day moving average of $51.17 and 200-day moving average of $46.12.

Sodastream International (SODA) rose 3.1% to close at $33.88, approaching its 50-day moving average of $34.85. It has also moved closer to its 200-day moving average of $36.44. CECO Environmental (CAT) fell 2.4% to close at $8.15, moving closer to its 50-day moving average of $8.06. Also, the stock moved closer to its 200-day moving average of $101.31.

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Teledyne Technologies Incorporated (TDY) hit a new 52-week high today, reaching $65.08 to top the previous high of $63.83.

Versar (VSR) hit a new 52-week low today, hitting $2.33 to fall below the previous low of $2.37.

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