SPH Makes Bullish Cross Above Critical Moving Average

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In trading on Thursday, shares of Suburban Propane Partners L.P. (Symbol: SPH) crossed above their 200 day moving average of $44.72, changing hands as high as $44.90 per share. Suburban Propane Partners L.P. shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of SPH shares, versus its 200 day moving average: Suburban Propane Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, SPH's low point in its 52 week range is $39.91 per share, with $48.90 as the 52 week high point - that compares with a last trade of $44.85.

According to the ETF Finder at ETF Channel, SPH makes up 3.83% of the Zacks MLP High Income Shares ETF (Symbol: ZMLP) which is trading up by about 0.1% on the day Thursday.

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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: SPH , ZMLP

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