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Wednesday, April 7, 2010 as of 11:14 AM ET

Scotts Miracle-Gro

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The Scotts Miracle-Gro Company () is an American multinational corporation headquartered in Marysville, Ohio.

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Basic Materials Sector Wrap

During trading today, the Basic Materials sector (XLB) showed little change while the S&P 500 fell 0.

4%.Innospec (NASDAQ:IOSP) rose 7.4% to close at $31.20, cross its 50-day moving average of $30.30 and 200-day moving average of $29.61. Scotts Miracle-Gro (NYSE:SMG) declined 16.1% to close at $46.14, moving below its 50-day moving average of $52.55 and 200-day moving average of $48.82.Preformed Line Products Company (NASDAQ:PLPC) rose 3.4% to close at $57.85, approaching its 50-day moving average of $61.00. It has also moved closer to its 200-day moving average of $60.51.Eldorado Gold Corporation (NYSE:EGO) was one of the sector's big losers, as its price dropped 9% (-$1.15) to close at $11.67. 8.5 million shares of the stock moved. The stock traded in a range of $11.65 to $12.53. The stock has been dropping in the last two months, down $2.54 (-17.9%) from a price of $14.21 on March 9, 2012.Increasing 8.2% (+$2.05) to close at $26.93, Sun Hydraulics Corporation (NASDAQ:SNHY) was a majo...

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