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Goodrich Petroleum Corp. (GDP) Shares Cross Above 200 DMA

By Energy Stock Channel Staff, Tuesday, January 10, 11:18 AM ET
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In trading on Tuesday, shares of Goodrich Petroleum Corp. (NYSE:GDP) crossed above their 200 day moving average of $16.97, changing hands as high as $17.31 per share. Goodrich Petroleum Corp. shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of GDP shares, versus its 200 day moving average:

Goodrich Petroleum Corp.  200 Day Moving Average Chart

Looking at the chart above, GDP's low point in its 52 week range is $9.91 per share, with $23.80 as the 52 week high point that compares with a last trade of $16.93.

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According to the ETF Finder at ETF Channel, GDP makes up 1.50% of the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP) which is trading higher by about 1.7% on the day Tuesday.

See what other ETFs contain GDP
See what other stocks are held by XOP

GDP operates in the Oil & Gas Exploration & Production sector, among companies like Sandridge Energy, Inc. (NYSE:SD) which is up about 2.2% today, and Pengrowth Energy Corp (NYSE:PGH) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of GDP, versus SD and PGH.

GDP,SD,PGH Relative Performance Chart

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