PPL Makes Notable Cross Below Critical Moving Average
In trading on Thursday, shares of Pembina Pipeline Corp (TSX: PPL.TO ) crossed below their 200 day moving average of $43.56, changing hands as low as $43.44 per share. Pembina Pipeline Corp shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of PPL shares, versus its 200 day moving average:
Looking at the chart above, PPL's low point in its 52 week range is $37.60 per share, with $47.84 as the 52 week high point - that compares with a last trade of $43.54.