Centennial Resource Development (CDEV) Shares Cross Below 200 DMA

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In trading on Thursday, shares of Centennial Resource Development Inc (Symbol: CDEV) crossed below their 200 day moving average of $18.04, changing hands as low as $18.03 per share. Centennial Resource Development Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of CDEV shares, versus its 200 day moving average: Centennial Resource Development Inc 200 Day Moving Average Chart

Looking at the chart above, CDEV's low point in its 52 week range is $14.10 per share, with $22.1397 as the 52 week high point - that compares with a last trade of $18.06.

According to the ETF Finder at ETF Channel, CDEV makes up 1.33% of the SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) which is trading lower by about 0.1% on the day Thursday.

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 Symbols: CDEV , XOP

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