In trading on Friday, shares of Magellan Midstream Partners LP (NYSE:MMP) crossed below their 200 day moving average of $57.49, changing hands as low as $57.34 per share. Magellan Midstream Partners LP shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of MMP shares, versus its 200 day moving average:
Looking at the chart above, MMP's low point in its 52 week range is $47.50 per share, with $63.10 as the 52 week high point — that compares with a last trade of $58.27.
MMP operates in the Oil & Gas Equipment & Services sector, among companies like Kayne Anderson MLP Investment Co (NYSE:KYN) which is off about 0.9% today, and Eagle Rock Energy Partners LP (NASDAQ:EROC) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of MMP, versus KYN and EROC.
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