NGQ Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of NGEX Resources Inc (TSX: NGQ.TO) crossed above their 200 day moving average of $1.79, changing hands as high as $1.84 per share. NGEX Resources Inc shares are currently trading up about 6.1% on the day. The chart below shows the one year performance of NGQ shares, versus its 200 day moving average:

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NGEX Resources Inc 200 Day Moving Average Chart

Looking at the chart above, NGQ's low point in its 52 week range is $1.26 per share, with $3.21 as the 52 week high point — that compares with a last trade of $1.75.

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