PLS Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Phoenix Leisure Corp (TSX: PLS.TO) crossed below their 200 day moving average of $2.40, changing hands as low as $2.36 per share. Phoenix Leisure Corp shares are currently trading off about 4.8% on the day. The chart below shows the one year performance of PLS shares, versus its 200 day moving average:

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Phoenix Leisure Corp 200 Day Moving Average Chart

Looking at the chart above, PLS's low point in its 52 week range is $1.38 per share, with $3.20 as the 52 week high point — that compares with a last trade of $2.36.

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