Precision Drilling (PD) Shares Cross Above 200 DMA
In trading on Monday, shares of Precision Drilling Corp. (TSX: PD.TO) crossed above their 200 day moving average of $75.72, changing hands as high as $78.27 per share. Precision Drilling Corp. shares are currently trading up about 3% on the day. The chart below shows the one year performance of PD shares, versus its 200 day moving average:
Looking at the chart above, PD's low point in its 52 week range is $56.42 per share, with $114.83 as the 52 week high point — that compares with a last trade of $78.34.
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