Ensco Shares Cross Below 200 DMA

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In trading on Tuesday, shares of Ensco plc (Symbol: ESV) crossed below their 200 day moving average of $5.86, changing hands as low as $5.83 per share. Ensco plc shares are currently trading off about 4.2% on the day. The chart below shows the one year performance of ESV shares, versus its 200 day moving average: Ensco plc 200 Day Moving Average Chart

Looking at the chart above, ESV’s low point in its 52 week range is $4.10 per share, with $11.55 as the 52 week high point – that compares with a last trade of $5.99. According to the ETF Finder at ETF Channel, ESV makes up 3.07% of the SPDR S&P Oil & Gas Equipment & Services ETF (Symbol: XES) which is trading lower by about 1.7% on the day Tuesday.

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.

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