Bullish Two Hundred Day Moving Average Cross - QLT

In trading on Wednesday, shares of QLT Inc (TSX: QLT.TO) crossed above their 200 day moving average of $6.27, changing hands as high as $6.50 per share. QLT Inc shares are currently trading up about 3.8% on the day. The chart below shows the one year performance of QLT shares, versus its 200 day moving average:

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QLT Inc 200 Day Moving Average Chart

Looking at the chart above, QLT's low point in its 52 week range is $4.30 per share, with $7.90 as the 52 week high point — that compares with a last trade of $6.37.

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