In trading on Thursday, shares of Mueller Industries, Inc. (MLI - Get Report) crossed below their 200 day moving average of $50.30, changing hands as low as $49.98 per share. Mueller Industries, Inc. shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of MLI shares, versus its 200 day moving average:Looking at the chart above, MLI's low point in its 52 week range is $39.72 per share, with $55.53 as the 52 week high point — that compares with a last trade of $50.11. According to the ETF Finder at ETF Channel, MLI makes up 1.58% of the S&P SmallCap Industrials Portfolio ETF ( PSCI) which is trading lower by about 3.1% on the day Thursday.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Beyond Pricey? Our Reporters Try the Beyond Meat Burger, Talk Business Model
Is Beyond Meat's burger enough to convince investors to invest in the company? TheStreet conducted a taste test to see what the hype is about.
Kass: 3 Spots of Vulnerability I Would Avoid in This Market
I suggest avoiding all three over the next few months and over the remainder of the year.
Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board
An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.
Amazon Is Headed to $3,000 a Share, Says Bullish Piper Jaffray Note
The firm estimates Amazon will cross $3,000 a share sometime between mid-2021 and mid-2022.
HPE's CFO Discusses Impact of Cloud Trends and Lower Memory Prices
During a talk with TheStreet right after its earnings report, CFO Tarek Robbiati talks about how HPE is trying to position itself as cloud infrastructure adoption continues, and what kind of boost it's getting from lower memory prices.