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Valaris Breaks Above 200-Day Moving Average - Bullish for VAL

By Energy Stock Channel Staff, Thursday, February 22, 1:02 PM ET
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In trading on Thursday, shares of Valaris Ltd (NYSE:VAL) crossed above their 200 day moving average of $67.74, changing hands as high as $71.78 per share. Valaris Ltd shares are currently trading up about 5.1% on the day. The chart below shows the one year performance of VAL shares, versus its 200 day moving average:

Valaris Ltd 200 Day Moving Average Chart

Looking at the chart above, VAL's low point in its 52 week range is $54.13 per share, with $78.92 as the 52 week high point — that compares with a last trade of $69.50.

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