Valmont Industries Breaks Below 200-Day Moving Average - Notable For VMI

In trading on Monday, shares of Valmont Industries, Inc. (VMI) crossed below their 200 day moving average of $144.12, changing hands as low as $142.03 per share. Valmont Industries, Inc. shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of VMI shares, versus its 200 day moving average:

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Valmont Industries, Inc. 200 Day Moving Average Chart

Looking at the chart above, VMI's low point in its 52 week range is $129.00 per share, with $164.93 as the 52 week high point — that compares with a last trade of $142.27.

According to the ETF Finder at ETF Channel, VMI makes up 4.13% of the Water Resources Portfolio ETF ( PHO) which is trading lower by about 3.2% on the day Monday.

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