Gorman-Rupp (GRC) Shares Cross Above 200 DMA

In trading on Wednesday, shares of Gorman-Rupp Co. ( GRC) crossed above their 200 day moving average of $26.55, changing hands as high as $27.00 per share. Gorman-Rupp Co. shares are currently trading up about 12.7% on the day. The chart below shows the one year performance of GRC shares, versus its 200 day moving average:

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Gorman-Rupp Co. 200 Day Moving Average Chart

Looking at the chart above, GRC's low point in its 52 week range is $21.09 per share, with $32.60 as the 52 week high point — that compares with a last trade of $27.00.

According to the ETF Finder at ETF Channel, GRC makes up 1.58% of the First Trust ISE Water Index Fund ETF ( FIW) which is trading higher by about 2.7% on the day Wednesday.

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