GLP Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Global Partners LP (GLP) crossed above their 200 day moving average of $17.90, changing hands as high as $18.05 per share. Global Partners LP shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of GLP shares, versus its 200 day moving average:

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Global Partners LP 200 Day Moving Average Chart

Looking at the chart above, GLP's low point in its 52 week range is $15.80 per share, with $21.95 as the 52 week high point — that compares with a last trade of $18.00.

According to the ETF Finder at ETF Channel, GLP makes up 3.14% of the High Income MLP ETF ( YMLP) which is trading up by about 0.5% on the day Wednesday.

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