EXE Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Extendicare Inc (TSX: EXE.TO) crossed below their 200 day moving average of $7.45, changing hands as low as $7.44 per share. Extendicare Inc shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of EXE shares, versus its 200 day moving average:

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Extendicare Inc  200 Day Moving Average Chart

Looking at the chart above, EXE's low point in its 52 week range is $6.21 per share, with $8.79 as the 52 week high point — that compares with a last trade of $7.45.

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