DJ Mettler-Toledo International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Mettler-Toledo International Inc. $(MTD)$ dropped 0.85% to $1,374.68 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.73% to 5,408.42 and Dow Jones Industrial Average falling 1.01% to 40,345.41.
This was the stock's fourth consecutive day of losses.
Mettler-Toledo International Inc. closed $172.25 below its 52-week high ($1,546.93), which the company achieved on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Emerson Electric Co. $(EMR)$ fell 1.78% to $98.19, Roper Technologies Inc. $(ROP)$ fell 1.29% to $547.76, and Agilent Technologies Inc. $(A)$ fell 0.84% to $137.20.
Trading volume (72,348) remained 54,177 below its 50-day average volume of 126,525.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2024.
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(END) Dow Jones Newswires
September 06, 2024 16:30 ET (20:30 GMT)
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