Ecopetrol Shares Soar Above 200-Day Moving Average
On Thursday, the financial world witnessed an upward thrust in the shares of Ecopetrol SA (Symbol: EC), as they surged past their 200-day moving average of $11.63, peaking at an impressive $11.69 per share. Currently, EC shares are reveling in a 2.3% increase, painting a bright picture for investors. The one-year performance chart of EC shares in comparison to its 200-day moving average is nothing short of a success story.
Glance at Ecopetrol SA’s Performance
Taking a closer look at the chart, we see that EC’s lowest point within the 52-week timeline stood at $8.59 per share, while its pinnacle hit a striking $13.14. As of the latest trade, the share prices are settling at $11.70, showcasing a remarkable journey for this energy giant.
Click here to discover more about the 9 other energy stocks that have recently exceeded their 200-day moving average.
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