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Flash Crash Update: Unit Corp 1.00% Above its May 6th Crash Low of $38.94 (UNT)

Written on Mon, 07/19/2010 - 5:49am
By Chip Brian

Unit Corp (NYSE:UNT) is currently trading 1.00% above its May 6th low of $38.94. Investors are looking to see if this 'flash crash' low can act as support signaling the stock has completed a bottoming process.
In the past 52-weeks, shares of Unit Corp have traded between a low of $25.24 and a high of $51 and are now at $39.34, which is 55.90% above that low price.
SmarTrend is bearish on shares of Unit Corp and our subscribers were alerted to Sell on June 24, 2010 at $43.04. The stock has fallen 8.6% since the alert was issued.

Keywords: unit corp flash crash

Ticker(s): UNT

Contact Chip Brian



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