CIC Crosses Below Key Moving Average Level

In trading on Tuesday, shares of CanBanc Income (TSX: CIC.TO) crossed below their 200 day moving average of $9.98, changing hands as low as $9.92 per share. CanBanc Income shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of CIC shares, versus its 200 day moving average:

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CanBanc Income 200 Day Moving Average Chart

Looking at the chart above, CIC's low point in its 52 week range is $9.22 per share, with $10.86 as the 52 week high point — that compares with a last trade of $10.14.

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