In trading on Thursday, shares of MEG Energy Corp (TSX: MEG.TO) crossed below their 200 day moving average of $5.75, changing hands as low as $5.49 per share. MEG Energy Corp shares are currently trading down about 5.4% 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 $4.06 per share, with $8.07 as the 52 week high point — that compares with a last trade of $5.70.
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