In trading on Friday, shares of Goodrich Petroleum Corp. (AMEX:GDP) crossed above their 200 day moving average of $18.27, changing hands as high as $19.24 per share. Goodrich Petroleum Corp. shares are currently trading up about 6.4% on the day. The chart below shows the one year performance of GDP shares, versus its 200 day moving average:
Looking at the chart above, GDP's low point in its 52 week range is $10.54 per share, with $23.80 as the 52 week high point — that compares with a last trade of $18.44.
GDP operates in the Oil & Gas Exploration & Production sector, among companies like Denbury Resources, Inc. (NYSE:DNR) which is up about 3% today, and EQT Corp. (NYSE:EQT) trading up by about 4.4%. Below is a three month price history chart comparing the stock performance of GDP, versus DNR and EQT.
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