Nabors Industries Breaks Below 200-Day Moving Average - Notable For NBR

In trading on Monday, shares of Nabors Industries Ltd. ( NBR) crossed below their 200 day moving average of $15.36, changing hands as low as $15.05 per share. Nabors Industries Ltd. shares are currently trading down about 3.7% on the day. The chart below shows the one year performance of NBR shares, versus its 200 day moving average:

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Nabors Industries Ltd. 200 Day Moving Average Chart

Looking at the chart above, NBR's low point in its 52 week range is $12.40 per share, with $18.24 as the 52 week high point — that compares with a last trade of $15.14.

According to the ETF Finder at ETF Channel, NBR makes up 2.62% of the Dynamic Oil & Gas Services Portfolio ETF ( PXJ) which is trading lower by about 2.8% on the day Monday.
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