DMA Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of DiaMedica Inc (DMA.TO"> DMA.TO) crossed above their 200 day moving average of $1.33, changing hands as high as $1.38 per share. DiaMedica Inc shares are currently trading up about 7.8% on the day. The chart below shows the one year performance of DMA shares, versus its 200 day moving average:

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DiaMedica Inc 200 Day Moving Average Chart

Looking at the chart above, DMA's low point in its 52 week range is $0.75 per share, with $2.23 as the 52 week high point — that compares with a last trade of $1.10.