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Bullish Two Hundred Day Moving Average Cross - TRMD

By Energy Stock Channel Staff, Friday, October 15, 1:45 PM ET

In trading on Friday, shares of TORM plc (NASDAQ:TRMD) crossed above their 200 day moving average of $8.44, changing hands as high as $8.62 per share. TORM plc shares are currently trading up about 9.3% on the day. The chart below shows the one year performance of TRMD shares, versus its 200 day moving average:

TORM plc 200 Day Moving Average Chart

Looking at the chart above, TRMD's low point in its 52 week range is $6.35 per share, with $10.16 as the 52 week high point — that compares with a last trade of $8.46.


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