Simpson Manufacturing Breaks Above 200-Day Moving Average - Bullish For SSD

In trading on Wednesday, shares of Simpson Manufacturing Co., Inc. (SSD) crossed above their 200 day moving average of $29.99, changing hands as high as $30.08 per share. Simpson Manufacturing Co., Inc. shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of SSD shares, versus its 200 day moving average:

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Simpson Manufacturing Co., Inc.  200 Day Moving Average Chart

Looking at the chart above, SSD's low point in its 52 week range is $23.22 per share, with $34.33 as the 52 week high point — that compares with a last trade of $29.85.

According to the ETF Finder at ETF Channel, SSD makes up 1.35% of the S&P SmallCap Industrials Portfolio ETF ( PSCI) which is trading higher by about 0.4% on the day Wednesday.

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