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Marine Petroleum Trust (MARPS) Shares Cross Above 200 DMA

By Market News Video Staff, Tuesday, September 27, 11:40 AM ET
Play Video: Learn About The 200 DMA

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In trading on Tuesday, shares of Marine Petroleum Trust (NASDAQ:MARPS) crossed above their 200 day moving average of $21.28, changing hands as high as $21.34 per share. Marine Petroleum Trust shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of MARPS shares, versus its 200 day moving average:

Marine Petroleum Trust 200 Day Moving Average Chart

Looking at the chart above, MARPS's low point in its 52 week range is $17.25 per share, with $30.14 as the 52 week high point that compares with a last trade of $21.23.

MARPS operates in the Oil & Gas Exploration & Production sector, among companies like Rowan Cos., Inc. (NYSE:RDC) which is up about 2.6% today, and Whiting Petroleum Corp (NYSE:WLL) trading up by about 7.6%. Below is a three month price history chart comparing the stock performance of MARPS, versus RDC and WLL.

MARPS,RDC,WLL Relative Performance Chart


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