HY Crosses Above Key Moving Average Level

In trading on Thursday, shares of Hyster-Yale Materials Handling Inc (HY) crossed above their 200 day moving average of $59.32, changing hands as high as $62.47 per share. Hyster-Yale Materials Handling Inc shares are currently trading up about 5.4% on the day. The chart below shows the one year performance of HY shares, versus its 200 day moving average:

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Hyster-Yale Materials Handling Inc 200 Day Moving Average Chart

Looking at the chart above, HY's low point in its 52 week range is $44.41 per share, with $70.19 as the 52 week high point — that compares with a last trade of $62.02.

According to the ETF Finder at ETF Channel, HY makes up 1.48% of the Global Spin-Off ETF ( SPUN) which is trading up by about 0.7% on the day Thursday.

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