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Cascades Breaks Above 200-Day Moving Average - Bullish for CAS.CA

By Canada Stock Channel Staff, Friday, April 16, 10:42 AM ET

In trading on Friday, shares of Cascades Inc (TSE:CAS.CA) crossed above their 200 day moving average of $15.35, changing hands as high as $15.50 per share. Cascades Inc shares are currently trading up about 6.8% on the day. The chart below shows the one year performance of CAS.CA shares, versus its 200 day moving average:

Cascades Inc 200 Day Moving Average Chart

Looking at the chart above, CAS.CA's low point in its 52 week range is $12.25 per share, with $18.48 as the 52 week high point — that compares with a last trade of $15.37.


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