ENW Crosses Below Key Moving Average Level

In trading on Friday, shares of EnWave Corp. (ENW.TO"> ENW.TO) crossed below their 200 day moving average of $1.48, changing hands as low as $1.46 per share. EnWave Corp. shares are currently trading off about 5.1% on the day. The chart below shows the one year performance of ENW shares, versus its 200 day moving average:

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EnWave Corp. 200 Day Moving Average Chart

Looking at the chart above, ENW's low point in its 52 week range is $1.14 per share, with $1.99 as the 52 week high point — that compares with a last trade of $1.50.