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Laclede Group Breaks Above 200-Day Moving Average - Bullish for LG

By: BNK Invest
Posted: 2/24/2014 4:20:00 PM
Referenced Stocks: LG;PSCU

In trading on Monday, shares of Laclede Group Inc (Symbol: LG) crossed above their 200 day moving average of $45.58, changing hands as high as $45.71 per share. Laclede Group Inc shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of LG shares, versus its 200 day moving average: Laclede Group Inc 200 Day Moving Average Chart

Looking at the chart above, LG's low point in its 52 week range is $40.31 per share, with $48.50 as the 52 week high point - that compares with a last trade of $45.16.

According to the ETF Finder at ETF Channel, LG makes up 4.40% of the S&P SmallCap Utilities Portfolio ETF (Symbol: PSCU) which is trading lower by about 0.1% on the day Monday.

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