RNET Crosses Above Key Moving Average Level

In trading on Monday, shares of RigNet Inc ( RNET) crossed above their 200 day moving average of $39.73, changing hands as high as $40.27 per share. RigNet Inc shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of RNET shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

RigNet Inc 200 Day Moving Average Chart

Looking at the chart above, RNET's low point in its 52 week range is $25.78 per share, with $57.22 as the 52 week high point — that compares with a last trade of $39.33.

According to the ETF Finder at ETF Channel, RNET makes up 1.52% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading lower by about 0.5% on the day Monday.

If you liked this article you might like

Insider Trading Alert - CERS, RNET And SC Traded By Insiders

Insider Trading Alert - CERS, RNET And SC Traded By Insiders

RigNet (RNET) Stock Slumping Today After Jefferies Price Target Cut

RigNet (RNET) Stock Declining Today After Oppenheimer Cut its Price Target

Insider Trading Alert - RNET, TSRA And MILL Traded By Insiders