SPN Crosses Above Key Moving Average Level
In trading on Friday, shares of Superior Energy Services, Inc. (Symbol: SPN) crossed above their 200 day moving average of $9.79, changing hands as high as $9.91 per share. Superior Energy Services, Inc. shares are currently trading up about 6% on the day. The chart below shows the one year performance of SPN shares, versus its 200 day moving average:
Looking at the chart above, SPN's low point in its 52 week range is $7.655 per share, with $15.25 as the 52 week high point - that compares with a last trade of $9.90.
According to the ETF Finder at ETF Channel, SPN makes up 3.55% of the SPDR S&P Oil & Gas Equipment & Services ETF (Symbol: XES) which is trading higher by about 2.7% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.