Year-to-Date Weekly Chart
For the week ended 06/26/2020 FMAT closed at $29.63. The first weekly close of the year was at $32.25 which makes the latest close 8.1% lower in the latest week than early this year.
The price for FMAT which represents the Materials sector has ranged from a low of $21.56 to $34.43. This puts the latest close 13.9% below the high for the year and 37.4% above the low for the year.
For the purpose of comparison, the S&P 500 index closed the last week at 29.63. This weeks' close was 13.9% below this years high and 37.4% above this years low.
The sector is down roughly 8.1% for the year, which is out performing the market by 0.0%, which is down by 8.1% so far this year.
The Materials Sector contains stocks of companies whose primary business is in the discovery, development and processing of raw materials. Industries within this sector include mining, metal refining, chemical and forestry products.
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.