Notable Two Hundred Day Moving Average Cross - MAL.CABy Canada Stock Channel Staff, Friday, September 17, 4:00 PM ETIn trading on Friday, shares of Magellan Aerospace Corp (TSE:MAL.CA) crossed below their 200 day moving average of $10.20, changing hands as low as $10.10 per share. Magellan Aerospace Corp shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of MAL.CA shares, versus its 200 day moving average:
Looking at the chart above, MAL.CA's low point in its 52 week range is $6.28 per share, with $11.73 as the 52 week high point — that compares with a last trade of $10.18. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
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