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NBR Crosses Above Key Moving Average Level

By Energy Stock Channel Staff, Tuesday, January 4, 11:08 AM ET
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In trading on Tuesday, shares of Nabors Industries Ltd (NYSE:NBR) crossed above their 200 day moving average of $95.28, changing hands as high as $97.03 per share. Nabors Industries Ltd shares are currently trading up about 6.2% on the day. The chart below shows the one year performance of NBR shares, versus its 200 day moving average:

Nabors Industries Ltd 200 Day Moving Average Chart

Looking at the chart above, NBR's low point in its 52 week range is $55.01 per share, with $133.61 as the 52 week high point — that compares with a last trade of $96.55.


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