GSM Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Globe Specialty Metals Inc (GSM) crossed below their 200 day moving average of $19.15, changing hands as low as $19.11 per share. Globe Specialty Metals Inc shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of GSM shares, versus its 200 day moving average:

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Globe Specialty Metals Inc 200 Day Moving Average Chart

Looking at the chart above, GSM's low point in its 52 week range is $11.77 per share, with $22.00 as the 52 week high point — that compares with a last trade of $19.28.

According to the ETF Finder at ETF Channel, GSM makes up 221.73% of the WisdomTree SmallCap Dividend Fund ETF ( DES) which is trading lower by about 0.5% on the day Tuesday.

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