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KRP Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Thursday, August 19, 1:42 PM ET
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In trading on Thursday, shares of Kimbell Royalty Partners LP (NYSE:KRP) crossed below their 200 day moving average of $10.33, changing hands as low as $10.00 per share. Kimbell Royalty Partners LP shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of KRP shares, versus its 200 day moving average:

Kimbell Royalty Partners LP 200 Day Moving Average Chart

Looking at the chart above, KRP's low point in its 52 week range is $5.57 per share, with $13.34 as the 52 week high point — that compares with a last trade of $10.20.


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