Published July 13, 2012
On a trading day that saw the S&P 500 gain 1.7%, the Capital Goods sector (XLI) showed little change.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLI was up 0.9% over the last thirty trading days. The S&P 500, in comparison, went up 2.8%.
Ocean Power Technologies (OPTT) was one of the sector's big losers, as its price dropped 11.4% (-34 cents) to close at $2.65. 458,934 shares of the stock moved. The stock traded between $2.53 and $2.94. Shares have been on on the rise over the past month, climbing 65 cents (32.5%) from a price of $2 on June 13, 2012.
Colfax Corporation (CFX) was a major gainer in the sector, rising 5.6% (+$1.43) to close at $26.94 with 1.8 million shares moving. The stock traded in a range of $25.61 to $27.45. Over the last three months, the stock has lost $5.29 (-16.4%) from a price of $32.23 on April 17, 2012.
Gardner Denver (GDI) rose 3.5% to close at $52.78, cross its 50-day moving average of $52.51 and 200-day moving average of $63.62. Primo Water Corporation (PRMW) declined 2.5% to close at $1.57, moving below its 50-day moving average of $1.29 and 200-day moving average of $2.02.
Robbins & Myers (RBN) rose 3.9% to close at $43.30, approaching its 50-day moving average of $43.61. It has also moved closer to its 200-day moving average of $47.04. Astrotech (KAI) fell 1.8% to close at $1.12, moving closer to its 50-day moving average of $1.10. Also, the stock moved closer to its 200-day moving average of $23.13.
Standex Int\x27l (SXI) hit a new 52-week high today, reaching $46.19 to top the previous high of $46.05.
China Advanced Con. Materials Gr. (CADC) hit a new 52-week low today, hitting 83 cents to fall below the previous low of 87 cents.