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BK Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Canadian Banc crossed below their 200 day moving average of $8.77, changing hands as low as $8.67 per share. Canadian Banc shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of BK shares, versus its 200 day moving average:

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

Canadian Banc Corporation Class A 200 Day Moving Average Chart

Looking at the chart above, BK's low point in its 52 week range is $7.61 per share, with $9.59 as the 52 week high point — that compares with a last trade of $8.67.