The Capital Goods sector (XLI) showed little movement while the S&P 500 gained 1.1% during trading today.
Increasing 8.4% (+$1.04) to close at $13.44, M/I Homes (MHO) was a major gainer in the sector. Today, 236,528 shares traded hands. The stock traded in a range of $12.46 to $13.47. The stock has been losing steam over the last month, dipping $1.50 (-10%) from a price of $14.94 on May 15, 2012.
The Ryland Group (RYL) rose 6.3% to close at $21.63, cross its 50-day moving average of $21.44 and 200-day moving average of $18.83. Sodastream International (SODA) declined 1.9% to close at $34.62, moving below its 50-day moving average of $33.27 and 200-day moving average of $35.09.
Terex Corporation (TEX) rose 5.4% to close at $17.75, approaching its 50-day moving average of $19.03. It has also moved closer to its 200-day moving average of $19.91. TransDigm Group Incorporated (IR) fell 0.5% to close at $124.49, moving closer to its 50-day moving average of $124.32. Also, the stock moved closer to its 200-day moving average of $38.24.
Xinyuan Real Estate (XIN) was one of the sector's big losers, as its price dropped 5.3% (-15 cents) to close at $2.68. 295,977 shares of the stock moved. The stock traded in a range of $2.63 to $2.81. Shares are down over the last two months as the price has dropped 73 cents (-21.4%) from a price of $3.41 on April 17, 2012.
Twin Disc Incorporated (TWIN) hit a new 52-week low today, hitting $16.67 to fall below the previous low of $17.15.