SPP Crosses Below Key Moving Average Level

In trading on Thursday, shares of Sanchez Production Partners LP (SPP) crossed below their 200 day moving average of $11.67, changing hands as low as $10.85 per share. Sanchez Production Partners LP shares are currently trading off about 17.2% on the day. The chart below shows the one year performance of SPP shares, versus its 200 day moving average:

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Sanchez Production Partners LP 200 Day Moving Average Chart

Looking at the chart above, SPP's low point in its 52 week range is $9.51 per share, with $15.92 as the 52 week high point — that compares with a last trade of $10.95.

SPP makes up 1.45% of the ProShares MSCI Emerging Markets Dividend Growers ETF ( EMDV)

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