ALB Crosses Below Key Moving Average Level

In trading on Monday, shares of Albemarle Corp. (ALB) crossed below their 200 day moving average of $60.42, changing hands as low as $60.25 per share. Albemarle Corp. shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of ALB shares, versus its 200 day moving average:

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Albemarle Corp. 200 Day Moving Average Chart

Looking at the chart above, ALB's low point in its 52 week range is $50.88 per share, with $69.03 as the 52 week high point — that compares with a last trade of $60.79.

According to the ETF Finder at ETF Channel, ALB makes up 1.15% of the iShares Dow Jones U.S. Basic Materials Sector Index Fund ETF ( IYM) which is trading lower by about 2.6% on the day Monday.

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