MEGA Brands (MB) Shares Cross Below 200 DMA

In trading on Tuesday, shares of MEGA Brands Inc (TSX: MB.TO) crossed below their 200 day moving average of $14.49, changing hands as low as $14.35 per share. MEGA Brands Inc shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of MB shares, versus its 200 day moving average:

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MEGA Brands Inc 200 Day Moving Average Chart

Looking at the chart above, MB's low point in its 52 week range is $9.32 per share, with $18.00 as the 52 week high point — that compares with a last trade of $14.42.
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