MTRN Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Materion Corp (MTRN) crossed below their 200 day moving average of $32.40, changing hands as low as $32.19 per share. Materion Corp shares are currently trading off about 4.3% on the day. The chart below shows the one year performance of MTRN shares, versus its 200 day moving average:

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Materion Corp 200 Day Moving Average Chart

Looking at the chart above, MTRN's low point in its 52 week range is $25.21 per share, with $39.38 as the 52 week high point — that compares with a last trade of $32.21.

According to the ETF Finder at ETF Channel, MTRN makes up 1.07% of the Guggenheim S&P SmallCap 600 Pure Value ETF ( RZV) which is trading lower by about 1.5% on the day Friday.

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