SGL Crosses Below Key Moving Average Level
Written by: EnergyStockChannel.com
In trading on Friday, shares of Spyglass Resources Corp
crossed below their 200 day moving average of $2.29, changing hands as low as $2.26 per share. Spyglass Resources Corp shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of SGL shares, versus its 200 day moving average:
Looking at the chart above, SGL's low point in its 52 week range is $2.05 per share, with $4.90 as the 52 week high point — that compares with a last trade of $2.31.