Patterson-UTI Energy (PTEN) Shares Cross Above 200 DMA

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In trading on Friday, shares of Patterson-UTI Energy Inc. (Symbol: PTEN) crossed above their 200 day moving average of $19.91, changing hands as high as $20.00 per share. Patterson-UTI Energy Inc. shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of PTEN shares, versus its 200 day moving average: Patterson-UTI Energy Inc. 200 Day Moving Average Chart

Looking at the chart above, PTEN's low point in its 52 week range is $14.83 per share, with $25.03 as the 52 week high point - that compares with a last trade of $19.80.

According to the ETF Finder at ETF Channel, PTEN makes up 4.64% of the Oil Services ETF (Symbol: OIH) which is trading higher by about 0.2% on the day Friday.

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: PTEN , OIH

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