In trading on Monday, shares of Western Refining Inc (Symbol: WNR) crossed below their 200 day moving average of $26.62, changing hands as low as $25.88 per share. Western Refining Inc shares are currently trading off about 5.7% on the day. The chart below shows the one year performance of WNR shares, versus its 200 day moving average:
Looking at the chart above, WNR’s low point in its 52 week range is $18.14 per share, with $47.55 as the 52 week high point – that compares with a last trade of $25.92. According to the ETF Finder at ETF Channel, WNR makes up 3.11% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading lower by about 0.9% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.