Surprising Price Movement Found In Shares Of (TSE: GBU.TO)

TSE (TSE: GBU): traded higher by 15.22% or $0.175/share to $1.32. In the past year, the shares have traded as low as $1.11 and as high as $2.94. On average, 898567 shares of GBU.TO exchange hands on a given day and today's volume is recorded at 699084. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $1.43 area but be careful because the stock may face selling pressure at this level.