Notable Two Hundred Day Moving Average Cross - LSI

In trading on Friday, shares of Lonestar West Inc (TSXV: LSI.TO) crossed below their 200 day moving average of $3.21, changing hands as low as $3.20 per share. Lonestar West Inc shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of LSI shares, versus its 200 day moving average:

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Lonestar West Inc 200 Day Moving Average Chart

Looking at the chart above, LSI's low point in its 52 week range is $2.47 per share, with $4.20 as the 52 week high point — that compares with a last trade of $3.20.

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