Nordic American Tankers Breaks Below 200-Day Moving Average - Notable for NAT

In trading on Tuesday, shares of Nordic American Tankers Ltd ( NAT) crossed below their 200 day moving average of $9.05, changing hands as low as $8.46 per share. Nordic American Tankers Ltd shares are currently trading off about 10.2% on the day. The chart below shows the one year performance of NAT shares, versus its 200 day moving average:

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Nordic American Tankers Ltd 200 Day Moving Average Chart

Looking at the chart above, NAT's low point in its 52 week range is $7.00 per share, with $12.61 as the 52 week high point — that compares with a last trade of $8.49.

According to the ETF Finder at ETF Channel, NAT makes up 2.29% of the Guggenheim Shipping ETF ( SEA) which is trading lower by about 0.3% on the day Tuesday.

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