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MCF Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Tuesday, October 11, 11:31 AM ET
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In trading on Tuesday, shares of Contango Oil & Gas Co. (AMEX:MCF) crossed above their 200 day moving average of $59.29, changing hands as high as $59.68 per share. Contango Oil & Gas Co. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of MCF shares, versus its 200 day moving average:

Contango Oil & Gas Co.  200 Day Moving Average Chart

Looking at the chart above, MCF's low point in its 52 week range is $51.50 per share, with $67.25 as the 52 week high point — that compares with a last trade of $59.42.

According to the ETF Finder at ETF Channel, MCF makes up 4.84% of the S&P SmallCap Energy Portfolio ETF (NASDAQ:PSCE) which is trading higher by about 1.4% on the day Tuesday.

     See what other ETFs contain MCF »
     See what other stocks are held by PSCE »

MCF operates in the Oil & Gas Exploration & Production sector, among companies like Noble Corp (NYSE:NE) which is up about 0.6% today, and Diamond Offshore Drilling, Inc. (NYSE:DO) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of MCF, versus NE and DO.

MCF,NE,DO Relative Performance Chart


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This Article's Word Cloud:   Above   According   Below   Channel   Contango   ETFs   Investment   Moving   NYSE   Noble   PSCE   Portfolio   Tuesday   about   above   allows   among   asset   average   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   high   history   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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