Mesabi Trust Shares Approach 52-Week High - Market Mover

The shares closed 1.4% below its 52-week high of $30.00, with trading volume higher than its 30 day average

Mar 15, 2021 by Kwhen Finance Editors

Mesabi Trust Shares Approach 52-Week High - Market Mover
Mesabi Trust shares closed today at 1.4% below its 52 week high of $30.00, giving the company a market cap of $388M. The stock is currently up 7.3% year-to-date, up 168.9% over the past 12 months, and up 648.5% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 2.3%.

Trading Activity

  • Trading volume this week was 29.6% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Materials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Mesabi Trust1.37.3168.9-2.1223.7
Dow Jones Industrial Average-0.48.245.2-0.184.4
S&P 500 Index-0.15.968.1-0.284.2
Materials-0.99.695.2-0.2114.0

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -70.5%
  • The company's stock price performance over the past 12 months beats the peer average by 3.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Mesabi TrustMSB07.3168.9-2.1223.7
Peer AvgN/A-44.124.9163.2-1.0110.5
MSC Industrial Direct Co. Inc. Class AMSM18.56.085.5-0.8119.7
Applied Industrial Technologies Inc.AIT-150.716.6126.0-2.2211.6
Marine Petroleum TrustMARPS052.1278.2

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