In trading on Monday, shares of Melcor Developments Ltd. (Toronto: MRD) crossed above their 200 day moving average of $15.29, changing hands as high as $15.30 per share. Melcor Developments Ltd. shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of MRD shares, versus its 200 day moving average:
In trading on Monday, shares of Melcor Developments Ltd. (Toronto: MRD) crossed above their 200 day moving average of $15.29, changing hands as high as $15.30 per share. Melcor Developments Ltd. shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of MRD shares, versus its 200 day moving average:
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