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VQ Crosses Above Key Moving Average Level

By Market News Video Staff, Friday, April 29, 11:18 AM ET
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In trading on Friday, shares of Venoco Inc (NYSE:VQ) crossed above their 200 day moving average of $17.91, changing hands as high as $17.97 per share. Venoco Inc shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of VQ shares, versus its 200 day moving average:

Venoco Inc 200 Day Moving Average Chart

Looking at the chart above, VQ's low point in its 52 week range is $11.53 per share, with $22.46 as the 52 week high point — that compares with a last trade of $17.65.

VQ operates in the Oil & Gas Exploration & Production sector, among companies like Enerplus Corp (NYSE:ERF) which is up about 0.8% today, and Cabot Oil & Gas Corp. (NYSE:COG) trading higher by about 0.6%. Below is a three month price history chart comparing the stock performance of VQ, versus ERF and COG.

VQ,ERF,COG Relative Performance Chart


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