MEG Energy (MEG) Shares Cross Below 200 DMA
In trading on Wednesday, shares of MEG Energy Corp (TSX: MEG.TO ) crossed below their 200 day moving average of $5.57, changing hands as low as $5.26 per share. MEG Energy Corp shares are currently trading off about 6% on the day. The chart below shows the one year performance of MEG shares, versus its 200 day moving average:
Looking at the chart above, MEG's low point in its 52 week range is $3.28 per share, with $9.83 as the 52 week high point - that compares with a last trade of $5.46.