RFC Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Rifco Inc (TSXV: RFC.TO) crossed below their 200 day moving average of $5.86, changing hands as low as $5.61 per share. Rifco Inc shares are currently trading down about 4.7% on the day. The chart below shows the one year performance of RFC shares, versus its 200 day moving average:

Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

Rifco Inc 200 Day Moving Average Chart

Looking at the chart above, RFC's low point in its 52 week range is $4.10 per share, with $7.20 as the 52 week high point — that compares with a last trade of $5.91.

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