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MMR Makes Bullish Cross Above Critical Moving Average

By Energy Stock Channel Staff, Friday, October 12, 11:41 AM ET
Play Video: Learn About The 200 DMA


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In trading on Friday, shares of McMoran Exploration Co (MMR) crossed above their 200 day moving average of $11.87, changing hands as high as $12.23 per share. McMoran Exploration Co shares are currently trading up about 6.6% on the day. The chart below shows the one year performance of MMR shares, versus its 200 day moving average:

McMoran Exploration Co 200 Day Moving Average Chart

Looking at the chart above, MMR's low point in its 52 week range is $7.76 per share, with $16.57 as the 52 week high point that compares with a last trade of $12.03.


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According to the ETF Finder at ETF Channel, MMR makes up 1.99% of the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP) which is trading lower by about 0.5% on the day Friday.

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


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