ARC Resources Shares Surge Above Key Moving Average
On Friday, trading activity for ARC Resources Ltd (TSX: ARX.TO) saw shares rise above the critical 200-day moving average of $23.79, peaking at $24.10 apiece. At present, the stock is up approximately 0.4% for the day. The chart below illustrates the one-year performance of ARX shares alongside its 200-day moving average:
The chart reveals that the 52-week low for ARC Resources is $19.02 per share, while its 52-week high stands at $26.45. The most recent trading price is $23.81.
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