Tourmaline Oil (TOU) Shares Cross Below 200 DMA
In trading on Friday, shares of Tourmaline Oil Corp (TSX: TOU.TO) crossed below their 200 day moving average of $20.67, changing hands as low as $20.49 per share. Tourmaline Oil Corp shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of TOU shares, versus its 200 day moving average:
Looking at the chart above, TOU's low point in its 52 week range is $15.84 per share, with $26.19 as the 52 week high point — that compares with a last trade of $20.74.