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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
EV Energy Partners LP Breaks Below 200-Day Moving Average - Notable for EVEP
By Energy Stock Channel Staff, Wednesday, February 6, 11:59 AM ET
In trading on Wednesday, shares of EV Energy Partners LP (NASDAQ:EVEP) crossed below their 200 day moving average of $58.19, changing hands as low as $58.06 per share. EV Energy Partners LP shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of EVEP shares, versus its 200 day moving average:
Looking at the chart above, EVEP's low point in its 52 week range is $43.56 per share, with $73.75 as the 52 week high point — that compares with a last trade of $58.27.
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According to the ETF Finder at ETF Channel, EVEP makes up 2.15% of the MLP ETF (AMEX:MLPA) which is trading lower by about 0.8% on the day Wednesday.
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