CNJ Makes Notable Cross Below Critical Moving Average
Written by: CanadaStockChannel.com
In trading on Tuesday, shares of Cangene Corp. (CNJ.TO"> CNJ.TO) crossed below their 200 day moving average of $2.31, changing hands as low as $2.20 per share. Cangene Corp. shares are currently trading trading flat on the day. The chart below shows the one year performance of CNJ shares, versus its 200 day moving average:
Looking at the chart above, CNJ's low point in its 52 week range is $1.40 per share, with $3.28 as the 52 week high point — that compares with a last trade of $2.35.