Laredo Petroleum Breaks Below 200-Day Moving Average – Notable for LPI

In trading on Monday, shares of Laredo Petroleum, Inc (Symbol: LPI) crossed below their 200 day moving average of $62.48, changing hands as low as $59.13 per share. Laredo Petroleum, Inc shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of LPI shares, versus its 200 day moving average:

Looking at the chart above, LPI’s low point in its 52 week range is $22.62 per share, with $99.26 as the 52 week high point — that compares with a last trade of $63.38.

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Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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