Catalyst Paper (CYT) Shares Cross Below 200 DMA

In trading on Wednesday, shares of Catalyst Paper Corp (TSX: CYT.TO) crossed below their 200 day moving average of $2.31, changing hands as low as $2.30 per share. Catalyst Paper Corp shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of CYT shares, versus its 200 day moving average:

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Catalyst Paper Corp  200 Day Moving Average Chart

Looking at the chart above, CYT's low point in its 52 week range is $1.00 per share, with $3.25 as the 52 week high point — that compares with a last trade of $2.30.

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