COG Crosses Below Key Moving Average Level

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In trading on Friday, shares of Cabot Oil & Gas Corp. (Symbol: COG) crossed below their 200 day moving average of $25.83, changing hands as low as $25.19 per share. Cabot Oil & Gas Corp. shares are currently trading off about 3.7% on the day. The chart below shows the one year performance of COG shares, versus its 200 day moving average: Cabot Oil & Gas Corp. 200 Day Moving Average Chart

Looking at the chart above, COG’s low point in its 52 week range is $21.14 per share, with $29.57 as the 52 week high point – that compares with a last trade of $25.20. According to the ETF Finder at ETF Channel, COG makes up 3.80% of the First Trust Natural Gas ETF (Symbol: FCG) which is trading lower by about 2.8% on the day Friday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

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