Merus Labs International (MSL) Shares Cross Below 200 DMA

In trading on Tuesday, shares of Merus Labs International Inc. (TSX: MSL.TO) crossed below their 200 day moving average of $1.83, changing hands as low as $1.58 per share. Merus Labs International Inc. shares are currently trading down about 18.9% on the day. The chart below shows the one year performance of MSL shares, versus its 200 day moving average:

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Merus Labs International Inc.  200 Day Moving Average Chart

Looking at the chart above, MSL's low point in its 52 week range is $1.08 per share, with $2.68 as the 52 week high point — that compares with a last trade of $1.65.

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