Teekay Offshore Partners LP Breaks Below 200-Day Moving Average - Notable for TOO

In trading on Thursday, shares of Teekay Offshore Partners LP (TOO) crossed below their 200 day moving average of $5.39, changing hands as low as $5.23 per share. Teekay Offshore Partners LP shares are currently trading off about 7.9% on the day. The chart below shows the one year performance of TOO shares, versus its 200 day moving average:

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Teekay Offshore Partners LP 200 Day Moving Average Chart

Looking at the chart above, TOO's low point in its 52 week range is $2.30 per share, with $16.72 as the 52 week high point — that compares with a last trade of $5.21.

According to the ETF Finder at ETF Channel, TOO makes up 4.58% of the PowerShares International Dividend Achievers Portfolio ETF ( PID) which is trading higher by about 0.1% on the day Thursday.

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