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Bullish Two Hundred Day Moving Average Cross - NFE

By Energy Stock Channel Staff, Tuesday, June 1, 4:53 PM ET
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In trading on Tuesday, shares of New Fortress Energy Inc (NASDAQ:NFE) crossed above their 200 day moving average of $43.91, changing hands as high as $44.62 per share. New Fortress Energy Inc shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of NFE shares, versus its 200 day moving average:

New Fortress Energy Inc 200 Day Moving Average Chart

Looking at the chart above, NFE's low point in its 52 week range is $11.4754 per share, with $65.90 as the 52 week high point — that compares with a last trade of $44.43.

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