MGY Crosses Below Key Moving Average Level
In trading on Monday, shares of Magnolia Oil & Gas Corp (Symbol: MGY) crossed below their 200 day moving average of $23.52, changing hands as low as $22.71 per share. Magnolia Oil & Gas Corp shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of MGY shares, versus its 200 day moving average:
Looking at the chart above, MGY's low point in its 52 week range is $19.16 per share, with $27.63 as the 52 week high point — that compares with a last trade of $23.44.
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