Applied Industrial Technologies Shares Cross Below 200 DMA

In trading on Friday, shares of Applied Industrial Technologies, Inc. ( AIT) crossed below their 200 day moving average of $48.36, changing hands as low as $47.93 per share. Applied Industrial Technologies, Inc. shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of AIT shares, versus its 200 day moving average:

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Applied Industrial Technologies, Inc. 200 Day Moving Average Chart

Looking at the chart above, AIT's low point in its 52 week range is $40.39 per share, with $53.57 as the 52 week high point — that compares with a last trade of $48.00.

According to the ETF Finder at ETF Channel, AIT makes up 1.97% of the S&P SmallCap Industrials Portfolio ETF ( PSCI) which is trading lower by about 0.6% on the day Friday.

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