Markets

Notable Two Hundred Day Moving Average Cross - RDC

In trading on Friday, shares of Rowan Companies plc (Symbol: RDC) crossed below their 200 day moving average of $19.62, changing hands as low as $19.49 per share. Rowan Companies plc shares are currently trading off about 2% on the day. The chart below shows the one year performance of RDC shares, versus its 200 day moving average:

Rowan Companies plc 200 Day Moving Average Chart

Looking at the chart above, RDC's low point in its 52 week range is $14.63 per share, with $25.13 as the 52 week high point - that compares with a last trade of $19.62.

According to the ETF Finder at ETF Channel, RDC makes up 3.06% of the SPDR S&P Oil & Gas Equipment & Services ETF (Symbol: XES) which is trading lower by about 1.7% on the day Friday.

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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