PBF Crosses Below Key Moving Average Level

By EnergyStockChannel.com,

Shutterstock photo

In trading on Friday, shares of PBF Energy Inc (Symbol: PBF) crossed below their 200 day moving average of $27.45, changing hands as low as $26.88 per share. PBF Energy Inc shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of PBF shares, versus its 200 day moving average: PBF Energy Inc 200 Day Moving Average Chart

Looking at the chart above, PBF's low point in its 52 week range is $20.15 per share, with $32.48 as the 52 week high point - that compares with a last trade of $27.01.

According to the ETF Finder at ETF Channel, PBF makes up 2.45% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading higher by about 0.1% on the day Friday.

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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: PBF , PXE

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