Targa Resources Shares Cross Below 200 DMA
In trading on Monday, shares of Targa Resources Corp (Symbol: TRGP) crossed below their 200 day moving average of $46.45, changing hands as low as $45.96 per share. Targa Resources Corp shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of TRGP shares, versus its 200 day moving average:
Looking at the chart above, TRGP’s low point in its 52 week range is $39.59 per share, with $61.83 as the 52 week high point – that compares with a last trade of $46.79. According to the ETF Finder at ETF Channel, TRGP makes up 4.21% of the Guggenheim S&P High Income Infrastructure ETF (Symbol: GHII) which is trading lower by about 0.8% on the day Monday.
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