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In trading on Tuesday, shares of Energy Recovery Inc (Symbol: ERII) crossed above their 200 day moving average of $21.22, changing hands as high as $21.31 per share. Energy Recovery Inc shares are currently trading up about 4.2% on the day. The chart below shows the one year performance of ERII shares, versus its 200 day moving average:
Looking at the chart above, ERII’s low point in its 52 week range is $16.92 per share, with $26.34 as the 52 week high point — that compares with a last trade of $21.28.
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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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Image and article originally from www.nasdaq.com. Read the original article here.