Published July 09, 2012
During trading today, both the Capital Goods sector (XLI) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up -0.6% over the last seven trading days, but XLI was down 1.3%.
Manitex International (MNTX) was a significant gainer in the sector, rising 13.4%. The stock closed at $8.96 with 187,922 shares moving. The stock traded in a range of $8.20 to $9.18. Shares have been on on the rise over the past three months, climbing 13 cents (1.4%) from a price of $9.09 on June 7, 2012.
Colfax Corporation (CFX) was one of the sector's big losers, as its price dropped 5.4% (-$1.49) to close at $25.90. 1.9 million shares of the stock moved. The stock traded between $25.85 and $27.11. The stock is down over the last three months, having fallen $5.68 (-18%) from $31.58 on April 11, 2012.
Triumph Group (TGI) rose 2.6% to close at $58.83, cross its 50-day moving average of $58.28 and 200-day moving average of $60.57. Homex Development (HXM) declined 3.3% to close at $14.51, moving below its 50-day moving average of $13.90 and 200-day moving average of $16.16.
Kennametal (KMT) rose 1.3% to close at $33.30, approaching its 50-day moving average of $33.83. It has also moved closer to its 200-day moving average of $39.46. Consolidated-Tomoka Land (MIDD) fell 1.4% to close at $28.41, moving closer to its 50-day moving average of $28.12. Also, the stock moved closer to its 200-day moving average of $97.33.
Hudson Technologies (HDSN) hit a new 52-week high today, reaching $4.37 to top the previous high of $4.25.