DRC Crosses Below Key Moving Average Level

In trading on Monday, shares of Dresser-Rand Group Inc ( DRC) crossed below their 200 day moving average of $56.80, changing hands as low as $55.90 per share. Dresser-Rand Group Inc shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of DRC shares, versus its 200 day moving average:

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Dresser-Rand Group Inc 200 Day Moving Average Chart

Looking at the chart above, DRC's low point in its 52 week range is $41.01 per share, with $66.30 as the 52 week high point — that compares with a last trade of $57.02.

According to the ETF Finder at ETF Channel, DRC makes up 2.27% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading lower by about 2.6% on the day Monday.
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