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On Monday, Athabasca Oil Corp (TSX: ATH.TO) saw its shares dip below the important 200-day moving average of $5.02, trading as low as $5.00. Currently, the shares are down about 3.6% for the day.
The chart above illustrates the one-year performance of ATH shares in relation to their 200-day moving average. Within the past year, the lowest point for ATH shares reached $3.355, with a high of $5.71. The most recent trade was reported at $5.04.
Click here to discover which other 9 Canadian stocks have also crossed below their 200-day moving average »
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
