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EE Crosses Below Key Moving Average Level

In trading on Wednesday, shares of El Paso Electric Company (Symbol: EE) crossed below their 200 day moving average of $54.37, changing hands as low as $53.95 per share. El Paso Electric Company shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of EE shares, versus its 200 day moving average:

El Paso Electric Company 200 Day Moving Average Chart

Looking at the chart above, EE's low point in its 52 week range is $44.70 per share, with $61.15 as the 52 week high point - that compares with a last trade of $54.02.

According to the ETF Finder at ETF Channel, EE makes up 10.99% of the Vanguard Global ex-U.S. Real Estate ETF (Symbol: VNQI) which is trading higher by about 0.6% 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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