Viper Energy Breaks Above 200-Day Moving Average – Bullish for VNOM
In trading on Wednesday, shares of Viper Energy Inc (Symbol: VNOM) crossed above their 200 day moving average of $38.62, changing hands as high as $39.27 per share. Viper Energy Inc shares are currently trading up about 3.6% on the day. The chart below shows the one year performance of VNOM shares, versus its 200 day moving average:
Looking at the chart above, VNOM’s low point in its 52 week range is $34.71 per share, with $52.03 as the 52 week high point — that compares with a last trade of $38.63.
Free Report: Top 8%+ Dividends (paid monthly)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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