OII Crosses Above Key Moving Average Level

By EnergyStockChannel.com,

Shutterstock photo

In trading on Monday, shares of Oceaneering International, Inc. (Symbol: OII) crossed above their 200 day moving average of $76.07, changing hands as high as $76.20 per share. Oceaneering International, Inc. shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of OII shares, versus its 200 day moving average: Oceaneering International, Inc. 200 Day Moving Average Chart

Looking at the chart above, OII's low point in its 52 week range is $66.00 per share, with $87.64 as the 52 week high point - that compares with a last trade of $75.56.

According to the ETF Finder at ETF Channel, OII makes up 2.85% of the Oil Services ETF (Symbol: OIH) which is trading lower by about 0.5% on the day Monday.

Click here to find out which 9 other energy stocks recently crossed above 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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: OII , OIH

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