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On Wednesday, shares of Alamo Group, Inc. (Symbol: ALG) climbed above their 200-day moving average, reaching a peak of $200.00. This marks an increase of approximately 5.5% for the day. The following chart illustrates the annual performance of ALG shares compared to the 200-day moving average:
The one-year performance indicates a low of $163.74 and a high of $231.40 in its 52-week range. Currently, the last trade of ALG shares was recorded at $198.15.
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The views and opinions expressed herein belong to the author and do not necessarily reflect those of Nasdaq, Inc.
