PetroLogistics (PDH) Shares Cross Above 200 DMA

In trading on Wednesday, shares of PetroLogistics LP ( PDH) crossed above their 200 day moving average of $12.32, changing hands as high as $12.33 per share. PetroLogistics LP shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of PDH shares, versus its 200 day moving average:

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PetroLogistics LP 200 Day Moving Average Chart

Looking at the chart above, PDH's low point in its 52 week range is $10.37 per share, with $16.25 as the 52 week high point — that compares with a last trade of $12.20.

According to the ETF Finder at ETF Channel, PDH makes up 1.80% of the Junior MLP ETF ( MLPJ) which is trading relatively unchanged on the day Wednesday.

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