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PNM Resources Shares Cross Below 200 DMA

By Energy Stock Channel Staff, Wednesday, July 14, 11:02 AM ET
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In trading on Wednesday, shares of PNM Resources Inc (NYSE:PNM) crossed below their 200 day moving average of $48.51, changing hands as low as $48.48 per share. PNM Resources Inc shares are currently trading trading flat on the day. The chart below shows the one year performance of PNM shares, versus its 200 day moving average:

PNM Resources Inc 200 Day Moving Average Chart

Looking at the chart above, PNM's low point in its 52 week range is $38.70 per share, with $50.25 as the 52 week high point — that compares with a last trade of $48.54.


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