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 -0.3% over the last seven trading days, but XLI was down 1.5%.
Increasing 5.2% (+$1.21) to close at $24.58, Michael Baker Corporation (BKR) was a major gainer in the sector. Today, 10,630 shares traded hands. The stock traded in a range of $23.60 to $24.62. Share price is up, having risen 88 cents (3.5%) from $25.46 on July 30, 2012.
Key Technology (KTEC) was a major loser in the sector, falling 3.4% (-33 cents) to close at $9.34 with 6,310 shares moving. The stock traded between $9.28 and $9.75. Share price is up, having risen 75 cents (8.7%) from $8.59 on July 30, 2012.
Makita Corporation (MKTAY) declined 1.9% to close at $35.47, moving below its 50-day moving average of $35.20 and 200-day moving average of $36.17. Kadant (KAI) rose 2.2% to close at $22.63, crossing its 50-day moving average of $22.36.
U.S. Lime & Minerals (USLM) rose 4.1% to close at $45.13, approaching its 50-day moving average of $45.25. It has also moved closer to its 200-day moving average of $50.54. Consolidated-Tomoka Land (CTO) fell 1.7% to close at $29.18, moving down to 1.3% above its 200-day moving average of $28.81.
Elbit Systems (ESLT) hit a new 52-week low today, hitting $29.57 to fall below the previous low of $29.79.