In trading on Monday, shares of Baker Hughes Inc. (Symbol: BHI) crossed above their 200 day moving average of $47.70, changing hands as high as $48.38 per share. Baker Hughes Inc. shares are currently trading up about 4.5% on the day. The chart below shows the one year performance of BHI shares, versus its 200 day moving average:
Looking at the chart above, BHI's low point in its 52 week range is $37.58 per share, with $65.58 as the 52 week high point - that compares with a last trade of $48.28.
According to the ETF Finder at ETF Channel, BHI makes up 7.50% of the iShares U.S. Oil Equipment & Services ETF (Symbol: IEZ) which is trading up by about 4.2% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.