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CNJ Makes Notable Cross Below Critical Moving Average

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:

Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

Cangene Corp. 200 Day Moving Average Chart

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.