HLX Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Helix Energy Solutions Group Inc (Symbol: HLX) crossed below their 200 day moving average of $23.58, changing hands as low as $23.11 per share. Helix Energy Solutions Group Inc shares are currently trading down about 2.7% on the day. The chart below shows the one year performance of HLX shares, versus its 200 day moving average: Helix Energy Solutions Group Inc 200 Day Moving Average Chart

Looking at the chart above, HLX's low point in its 52 week range is $19.44 per share, with $27.58 as the 52 week high point - that compares with a last trade of $23.33.

According to the ETF Finder at ETF Channel, HLX makes up 2.23% of the SPDR S&P Oil & Gas Equipment & Services ETF (Symbol: XES) which is trading lower by about 0.6% on the day Wednesday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: HLX , XES

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