IBG Crosses Above Key Moving Average Level

In trading on Friday, shares of IBI Group Inc. (TSX: IBG.TO) crossed above their 200 day moving average of $2.07, changing hands as high as $2.37 per share. IBI Group Inc. shares are currently trading up about 21.4% on the day. The chart below shows the one year performance of IBG shares, versus its 200 day moving average:

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IBI Group Inc. 200 Day Moving Average Chart

Looking at the chart above, IBG's low point in its 52 week range is $1.10 per share, with $2.95 as the 52 week high point — that compares with a last trade of $2.25.

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