DRQ Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Dril-Quip, Inc. ( DRQ) crossed above their 200 day moving average of $104.68, changing hands as high as $106.12 per share. Dril-Quip, Inc. shares are currently trading up about 2% on the day. The chart below shows the one year performance of DRQ shares, versus its 200 day moving average:

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Dril-Quip, Inc. 200 Day Moving Average Chart

Looking at the chart above, DRQ's low point in its 52 week range is $76.44 per share, with $121.07 as the 52 week high point — that compares with a last trade of $105.80.

According to the ETF Finder at ETF Channel, DRQ makes up 3.04% of the PowerShares DWA Energy Momentum Portfolio ETF ( PXI) which is trading lower by about 0.7% on the day Thursday.

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