Badger Meter Breaks Above 200-Day Moving Average - Bullish For BMI

In trading on Friday, shares of Badger Meter, Inc. ( BMI) crossed above their 200 day moving average of $45.93, changing hands as high as $46.21 per share. Badger Meter, Inc. shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of BMI shares, versus its 200 day moving average:

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Badger Meter, Inc. 200 Day Moving Average Chart

Looking at the chart above, BMI's low point in its 52 week range is $32.29 per share, with $54.28 as the 52 week high point — that compares with a last trade of $46.11.

According to the ETF Finder at ETF Channel, BMI makes up 1.79% of the Water Resources Portfolio ETF ( PHO) which is trading up by about 1% on the day Friday.
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