STB Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Student Transportation Inc (TSX: STB.TO) crossed below their 200 day moving average of $6.55, changing hands as low as $6.54 per share. Student Transportation Inc shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of STB shares, versus its 200 day moving average:

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Student Transportation Inc 200 Day Moving Average Chart

Looking at the chart above, STB's low point in its 52 week range is $5.96 per share, with $6.92 as the 52 week high point — that compares with a last trade of $6.57.