Memorial Production Partners (MEMP) Shares Cross Below 200 DMA

In trading on Wednesday, shares of Memorial Production Partners LP ( MEMP) crossed below their 200 day moving average of $20.35, changing hands as low as $20.16 per share. Memorial Production Partners LP shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of MEMP shares, versus its 200 day moving average:

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

Memorial Production Partners LP 200 Day Moving Average Chart

Looking at the chart above, MEMP's low point in its 52 week range is $17.61 per share, with $22.50 as the 52 week high point — that compares with a last trade of $20.34.

According to the ETF Finder at ETF Channel, MEMP makes up 2.65% of the Junior MLP ETF ( MLPJ) which is trading lower by about 0.4% on the day Wednesday.

If you liked this article you might like

These 5 Stocks Under $10 Could Explode Higher

These 5 Stocks Under $10 Could Explode Higher Soon

A Market-Beating Oil Basket Bet

These 7 Stocks Under $10 Could Make You a Lot of Money

Wednesday's Ex-Dividends To Watch: MEMP, STON, SXT