SQP Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Strongco Corp. (TSX: SQP.TO) crossed below their 200 day moving average of $2.64, changing hands as low as $2.59 per share. Strongco Corp. shares are currently trading down about 4.1% on the day. The chart below shows the one year performance of SQP shares, versus its 200 day moving average:

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Strongco Corp. 200 Day Moving Average Chart

Looking at the chart above, SQP's low point in its 52 week range is $2.01 per share, with $4.10 as the 52 week high point — that compares with a last trade of $2.59.

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