UNT Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Unit Corp. (Symbol: UNT) crossed below their 200 day moving average of $19.82, changing hands as low as $19.68 per share. Unit Corp. shares are currently trading down about 7.2% on the day. The chart below shows the one year performance of UNT shares, versus its 200 day moving average: Unit Corp. 200 Day Moving Average Chart

Looking at the chart above, UNT's low point in its 52 week range is $15.29 per share, with $30.63 as the 52 week high point - that compares with a last trade of $19.75.

According to the ETF Finder at ETF Channel, UNT makes up 3.67% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading lower by about 2.6% on the day Wednesday.

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: UNT , PXE

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