Notable Two Hundred Day Moving Average Cross - FTP

In trading on Tuesday, shares of Fortress Paper Ltd (TSX: FTP.TO) crossed below their 200 day moving average of $2.23, changing hands as low as $2.19 per share. Fortress Paper Ltd shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of FTP shares, versus its 200 day moving average:

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Fortress Paper Ltd 200 Day Moving Average Chart

Looking at the chart above, FTP's low point in its 52 week range is $1.43 per share, with $3.46 as the 52 week high point — that compares with a last trade of $2.22.

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