PNY Makes Notable Cross Below Critical Moving Average

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In trading on Monday, shares of Piedmont Natural Gas Co., Inc. (Symbol: PNY) crossed below their 200 day moving average of $34.43, changing hands as low as $33.78 per share. Piedmont Natural Gas Co., Inc. shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of PNY shares, versus its 200 day moving average: Piedmont Natural Gas Co., Inc. 200 Day Moving Average Chart

Looking at the chart above, PNY's low point in its 52 week range is $31.56 per share, with $37.86 as the 52 week high point - that compares with a last trade of $33.88.

According to the ETF Finder at ETF Channel, PNY makes up 1.73% of the PowerShares High Yield Equity Dividend Achievers Portfolio ETF (Symbol: PEY) which is trading lower by about 0.4% on the day Monday.

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: PNY , PEY

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