TDW Crosses Below Key Moving Average Level

In trading on Monday, shares of Tidewater Inc. (TDW) crossed below their 200 day moving average of $53.99, changing hands as low as $51.76 per share. Tidewater Inc. shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of TDW shares, versus its 200 day moving average:

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Tidewater Inc. 200 Day Moving Average Chart

Looking at the chart above, TDW's low point in its 52 week range is $45.51 per share, with $63.22 as the 52 week high point — that compares with a last trade of $51.84.

According to the ETF Finder at ETF Channel, TDW makes up 2.09% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading lower by about 1.3% on the day Monday.

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