AIMC Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Altra Industrial Motion Corp ( AIMC) crossed above their 200 day moving average of $28.73, changing hands as high as $28.85 per share. Altra Industrial Motion Corp shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of AIMC shares, versus its 200 day moving average:

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Altra Industrial Motion Corp 200 Day Moving Average Chart

Looking at the chart above, AIMC's low point in its 52 week range is $22.73 per share, with $38.08 as the 52 week high point — that compares with a last trade of $28.61.

According to the ETF Finder at ETF Channel, AIMC makes up 1.98% of the PowerShares WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading higher by about 1.4% on the day Wednesday.

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