Notable Two Hundred Day Moving Average Cross - ERII

In trading on Thursday, shares of Energy Recovery Inc (ERII) crossed below their 200 day moving average of $10.73, changing hands as low as $8.95 per share. Energy Recovery Inc shares are currently trading down about 23.5% on the day. The chart below shows the one year performance of ERII shares, versus its 200 day moving average:

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Energy Recovery Inc 200 Day Moving Average Chart

Looking at the chart above, ERII's low point in its 52 week range is $5.28 per share, with $16.67 as the 52 week high point — that compares with a last trade of $9.01.

According to the ETF Finder at ETF Channel, ERII makes up 1.94% of the First Trust ISE Water Index Fund ETF ( FIW) which is trading up by about 0.1% on the day Thursday.

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