PWC Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Pacific & Western Credit Corp (PWC.TO"> PWC.TO) crossed above their 200 day moving average of $1.40, changing hands as high as $1.44 per share. Pacific & Western Credit Corp shares are currently trading up about 4.4% on the day. The chart below shows the one year performance of PWC shares, versus its 200 day moving average:

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Pacific & Western Credit Corp 200 Day Moving Average Chart

Looking at the chart above, PWC's low point in its 52 week range is $1.03 per share, with $2.00 as the 52 week high point — that compares with a last trade of $1.43.