RMP Crosses Below Key Moving Average Level

In trading on Thursday, shares of RMP Energy Inc (TSX: RMP.TO) crossed below their 200 day moving average of $7.48, changing hands as low as $7.36 per share. RMP Energy Inc shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of RMP shares, versus its 200 day moving average:

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RMP Energy Inc 200 Day Moving Average Chart

Looking at the chart above, RMP's low point in its 52 week range is $5.32 per share, with $10.07 as the 52 week high point — that compares with a last trade of $7.35.

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Notable Two Hundred Day Moving Average Cross - CDZI