CAS.CA Makes Notable Cross Below Critical Moving AverageBy Canada Stock Channel Staff, Thursday, August 5, 10:43 AM ET
In trading on Thursday, shares of Cascades Inc (TSE:CAS.CA) crossed below their 200 day moving average of $15.20, changing hands as low as $14.54 per share. Cascades Inc shares are currently trading down about 9.2% on the day. The chart below shows the one year performance of CAS.CA shares, versus its 200 day moving average:
Looking at the chart above, CAS.CA's low point in its 52 week range is $13.10 per share, with $18.48 as the 52 week high point — that compares with a last trade of $14.58.
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