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MTDR Crosses Below Key Moving Average Level

By Energy Stock Channel Staff, Wednesday, January 15, 11:18 AM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of Matador Resources Co (NYSE:MTDR) crossed below their 200 day moving average of $16.95, changing hands as low as $16.66 per share. Matador Resources Co shares are currently trading off about 3.6% on the day. The chart below shows the one year performance of MTDR shares, versus its 200 day moving average:

Matador Resources Co 200 Day Moving Average Chart

Looking at the chart above, MTDR's low point in its 52 week range is $12.16 per share, with $22.25 as the 52 week high point — that compares with a last trade of $16.67.


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