In trading on Wednesday, shares of Laredo Petroleum, Inc (Symbol: LPI) crossed above their 200 day moving average of $12.91, changing hands as high as $12.96 per share. Laredo Petroleum, Inc shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of LPI shares, versus its 200 day moving average:
Looking at the chart above, LPI's low point in its 52 week range is $9.57 per share, with $16.47 as the 52 week high point - that compares with a last trade of $12.86.
According to the ETF Finder at ETF Channel, LPI makes up 2.65% of the PowerShares DWA Energy Momentum Portfolio ETF (Symbol: PXI) which is trading higher by about 1.7% on the day Wednesday.