Armtec Infrastructure Breaks Above 200-Day Moving Average - Bullish For ARF

In trading on Monday, shares of Armtec Infrastructure Inc. (ARF.TO"> ARF.TO) crossed above their 200 day moving average of $2.54, changing hands as high as $2.69 per share. Armtec Infrastructure Inc. shares are currently trading up about 13.5% on the day. The chart below shows the one year performance of ARF shares, versus its 200 day moving average:

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Armtec Infrastructure Inc. 200 Day Moving Average Chart

Looking at the chart above, ARF's low point in its 52 week range is $1.25 per share, with $3.60 as the 52 week high point — that compares with a last trade of $2.69.