The S&P 500 lost 0.9% while the Capital Goods sector (XLI) showed little movement during trading today.
EDAC Technologies Corporation (EDAC) was a major gainer in the sector, rising 11.5% (+$1.33) to close at $12.94 with 9,455 shares moving. The stock traded in a range of $11.73 to $12.94. Shares have been on on the rise over the past month, climbing $1.69 (15%) from a price of $11.25 on June 8, 2012.
The Shaw Group (SHAW) was a major loser in the sector, falling 9.2% (-$2.61) to close at $25.78 with 3.3 million shares moving. The stock traded in a range of $25.14 to $28.31. Over the last three months, the stock has lost $5.49 (-17.6%) from a price of $31.27 on April 12, 2012.
Astec Industries (ASTE) declined 4.2% to close at $29.04, moving below its 50-day moving average of $28.84 and 200-day moving average of $32.49.
Titan Machinery (CVCO) fell 4.2% to close at $29.64, moving closer to its 50-day moving average of $29.56. Also, the stock moved closer to its 200-day moving average of $46.08.
Headwaters (HW) hit a new 52-week high today, reaching $5.70 to top the previous high of $5.50.
Joy Global (JOY) hit a new 52-week low today, hitting $50.06 to fall below the previous low of $50.90.