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Basic Energy Services Inc Breaks Above 200-Day Moving Average - Bullish for BAS

By Energy Stock Channel Staff, Thursday, January 3, 11:45 AM ET
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In trading on Thursday, shares of Basic Energy Services Inc (NYSE:BAS) crossed above their 200 day moving average of $11.91, changing hands as high as $11.99 per share. Basic Energy Services Inc shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of BAS shares, versus its 200 day moving average:

Basic Energy Services Inc 200 Day Moving Average Chart

Looking at the chart above, BAS's low point in its 52 week range is $8.52 per share, with $22.50 as the 52 week high point — that compares with a last trade of $12.00.


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According to the ETF Finder at ETF Channel, BAS makes up 2.78% of the Dynamic Oil & Gas Services Portfolio ETF (AMEX:PXJ) which is trading higher by about 1% on the day Thursday.

     See what other ETFs contain BAS »
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