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Tallgrass Energy Partners (TEP) Shares Cross Above 200 DMA

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In trading on Tuesday, shares of Tallgrass Energy Partners, LP (Symbol: TEP) crossed above their 200 day moving average of $47.69, changing hands as high as $48.19 per share. Tallgrass Energy Partners, LP shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of TEP shares, versus its 200 day moving average: Tallgrass Energy Partners, LP 200 Day Moving Average Chart

Looking at the chart above, TEP’s low point in its 52 week range is $41.13 per share, with $55.50 as the 52 week high point – that compares with a last trade of $47.92. TEP makes up 7.33% of the Junior MLP ETF (Symbol: MLPJ)

Click here to find out which 9 other energy stocks recently crossed above 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.

Referenced Symbols: TEP
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