HWO Makes Notable Cross Below Critical Moving Average
Written by: EnergyStockChannel.com
In trading on Wednesday, shares of High Arctic Energy Services Inc (HWO.TO"> HWO.TO) crossed below their 200 day moving average of $2.13, changing hands as low as $2.05 per share. High Arctic Energy Services Inc shares are currently trading down about 7.3% on the day. The chart below shows the one year performance of HWO shares, versus its 200 day moving average:
Looking at the chart above, HWO's low point in its 52 week range is $1.35 per share, with $2.99 as the 52 week high point — that compares with a last trade of $2.13.