Trimac Transportation Breaks Above 200-Day Moving Average - Bullish for TMA

In trading on Tuesday, shares of Trimac Transportation Ltd. (TSX: TMA.TO) crossed above their 200 day moving average of $5.42, changing hands as high as $5.49 per share. Trimac Transportation Ltd. shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of TMA shares, versus its 200 day moving average:

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Trimac Transportation Ltd. 200 Day Moving Average Chart

Looking at the chart above, TMA's low point in its 52 week range is $4.46 per share, with $6.06 as the 52 week high point — that compares with a last trade of $5.49.

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