Major Drilling Group International Breaks Below 200-Day Moving Average - Notable for MDI

In trading on Thursday, shares of Major Drilling Group International Inc. (TSX: MDI.TO) crossed below their 200 day moving average of $6.94, changing hands as low as $6.64 per share. Major Drilling Group International Inc. shares are currently trading down about 5.1% on the day. The chart below shows the one year performance of MDI shares, versus its 200 day moving average:

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Major Drilling Group International Inc. 200 Day Moving Average Chart

Looking at the chart above, MDI's low point in its 52 week range is $3.55 per share, with $8.09 as the 52 week high point — that compares with a last trade of $6.67.

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