In trading on Friday, shares of Goodrich Petroleum Corp. (GDP) crossed above their 200 day moving average of $18.38, changing hands as high as $18.55 per share. Goodrich Petroleum Corp. shares are currently trading up about 4.8% on the day. The chart below shows the one year performance of GDP shares, versus its 200 day moving average:
Goodrich Petroleum Breaks Above 200-Day Moving Average - Bullish for GDP
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