Veresen (TSE:VSN) Shares Pass Above 200-Day Moving Average – What’s Next?

Veresen Inc (TSE:VSNGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.00 and traded as high as C$18.92. Veresen shares last traded at C$18.51, with a volume of 1,147,002 shares changing hands.

Veresen Stock Performance

The company’s fifty day moving average price is C$18.51.

About Veresen

(Get Free Report)

Veresen Inc is a Canada-based energy infrastructure company that owns and operates energy infrastructure assets across North America. The Company is engaged in three principal businesses: a pipeline transportation business consists of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System (AEGS); a midstream business, which includes a partnership interest in Veresen Midstream Limited Partnership, which owns assets in western Canada, and an ownership interest in Aux Sable, which owns a natural gas liquids (NGL) extraction facility near Chicago, and other natural gas and NGL processing energy infrastructure, and a power business consists of a portfolio of assets in Canada.

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