Granite Ridge Resources Breaks Below 200-Day Moving Average - Notable for GRNT

In trading on Monday, shares of Granite Ridge Resources Inc (Symbol: GRNT) crossed below their 200 day moving average of $5.05, changing hands as low as $4.97 per share. Granite Ridge Resources Inc shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of GRNT shares, versus its 200 day moving average:

Looking at the chart above, GRNT's low point in its 52 week range is $4.18 per share, with $6.145 as the 52 week high point — that compares with a last trade of $5.04.