BMI Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Badger Meter, Inc. (BMI) crossed below their 200 day moving average of $48.49, changing hands as low as $48.01 per share. Badger Meter, Inc. shares are currently trading off about 0.2% 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 $41.88 per share, with $56.36 as the 52 week high point — that compares with a last trade of $48.84.

According to the ETF Finder at ETF Channel, BMI makes up 3.76% of the First Trust ISE Water Index Fund ETF ( FIW) which is trading up by about 0.6% on the day Tuesday.

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