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MGE Energy Inc (MGEE) Shares Cross Below 200 DMA
By Energy Stock Channel Staff, Thursday, November 15, 4:39 PM ET
In trading on Thursday, shares of MGE Energy Inc (NASDAQ:MGEE) crossed below their 200 day moving average of $47.84, changing hands as low as $47.71 per share. MGE Energy Inc shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of MGEE shares, versus its 200 day moving average:
Looking at the chart above, MGEE's low point in its 52 week range is $41.66 per share, with $56.06 as the 52 week high point — that compares with a last trade of $48.12.
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According to the ETF Finder at ETF Channel, MGEE makes up 1.39% of the Dynamic Utilities Portfolio ETF (AMEX:PUI) which is trading lower by about 0.7% on the day Thursday.
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