Capital Goods Sector Wrap

Published August 06, 2012

| FOXBusiness

The Capital Goods sector (XLI) held steady during a trading day that saw the S&P 500 grow 0.2%.

Increasing 8.3% (+58 cents) to close at $7.60, WSI Industries (WSCI) was a major gainer in the sector. Today, 51,614 shares traded hands. The stock traded in a range of $7.09 to $7.75.

Key Technology (KTEC) rose 6.5% to close at $9.85, cross its 50-day moving average of $9.51 and 200-day moving average of $11.65.

Rofin-Sinar Technologies (RSTI) rose 3.6% to close at $17.85, approaching its 50-day moving average of $18.43. It has also moved closer to its 200-day moving average of $21.89. Sterling Construction Company (STRL) fell 2.5% to close at $10.21, moving closer to its 50-day moving average of $10.06. Also, the stock moved closer to its 200-day moving average of $9.98.

Taylor Devices (TAYD) was a major loser in the sector. Its price dropped 3.9% (-34 cents) to close at $8.19, as 15,928 shares moved. The stock traded between $8.02 and $8.52.

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http://www.foxbusiness.com/markets/2012/08/06/capital-goods-sector-wrap/