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In trading on Wednesday, shares of McMoran Exploration Co (NYSE:MMR) crossed above their 200 day moving average of $16.76, changing hands as high as $18.40 per share. McMoran Exploration Co shares are currently trading up about 9.9% on the day. The chart below shows the one year performance of MMR shares, versus its 200 day moving average:
Looking at the chart above, MMR's low point in its 52 week range is $9.91 per share, with $19.80 as the 52 week high point — that compares with a last trade of $18.07.
MMR operates in the Oil & Gas Exploration & Production sector, among companies like Brigham Exploration Co. (BEXP) which is up about 3.1% today, and Precision Drilling Corp. (NYSE:PDS) trading up by about 1.4%. Below is a three month price history chart comparing the stock performance of MMR, versus BEXP and PDS.
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