DJ Mettler-Toledo International Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Mettler-Toledo International Inc. $(MTD)$ inched 0.04% higher to $1,423.18 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,592.18 and Dow Jones Industrial Average falling 0.39% to 41,091.42.
This was the stock's second consecutive day of gains.
Mettler-Toledo International Inc. closed $123.75 short of its 52-week high ($1,546.93), which the company reached on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Emerson Electric Co. $(EMR)$ rose 0.05% to $103.91, Roper Technologies Inc. $(ROP)$ fell 0.16% to $550.33, and Agilent Technologies Inc. $(A)$ fell 0.03% to $141.06.
Trading volume (77,735) remained 53,176 below its 50-day average volume of 130,911.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2024.
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(END) Dow Jones Newswires
August 28, 2024 16:30 ET (20:30 GMT)
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