Tsakos Energy Navigation (TNP) Shares Cross Below 200 DMA

In trading on Monday, shares of Tsakos Energy Navigation Ltd. (TNP) crossed below their 200 day moving average of $6.99, changing hands as low as $6.80 per share. Tsakos Energy Navigation Ltd. shares are currently trading off about 4% on the day. The chart below shows the one year performance of TNP shares, versus its 200 day moving average:

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Tsakos Energy Navigation Ltd. 200 Day Moving Average Chart

Looking at the chart above, TNP's low point in its 52 week range is $4.75 per share, with $8.48 as the 52 week high point — that compares with a last trade of $6.87.

According to the ETF Finder at ETF Channel, TNP makes up 2.83% of the Guggenheim Shipping ETF ( SEA) which is trading lower by about 1.8% on the day Monday.

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