Bullish Two Hundred Day Moving Average Cross - NBR

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In trading on Thursday, shares of Nabors Industries Ltd (Symbol: NBR) crossed above their 200 day moving average of $8.00, changing hands as high as $8.10 per share. Nabors Industries Ltd shares are currently trading up about 5.2% on the day. The chart below shows the one year performance of NBR shares, versus its 200 day moving average: Nabors Industries Ltd 200 Day Moving Average Chart

Looking at the chart above, NBR's low point in its 52 week range is $5.32 per share, with $18.38 as the 52 week high point - that compares with a last trade of $8.03.

According to the ETF Finder at ETF Channel, NBR makes up 3.75% of the SPDR S&P Oil & Gas Equipment & Services ETF (Symbol: XES) which is trading up by about 2.3% 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 Nasdaq, Inc.

This article appears in: Investing , Commodities
Referenced Symbols: NBR , XES

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