QR Energy (QRE) Shares Cross Below 200 DMA

In trading on Thursday, shares of QR Energy LP ( QRE) crossed below their 200 day moving average of $16.96, changing hands as low as $16.90 per share. QR Energy LP shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of QRE shares, versus its 200 day moving average:

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QR Energy LP 200 Day Moving Average Chart

Looking at the chart above, QRE's low point in its 52 week range is $14.76 per share, with $18.46 as the 52 week high point — that compares with a last trade of $17.05.

According to the ETF Finder at ETF Channel, QRE makes up 3.53% of the Junior MLP ETF ( MLPJ) which is trading up by about 0.5% on the day Thursday.

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