Unexpected Volume Detected In Shares Of (TSE: KAT.TO)

TSE (TSE: KAT): fell by 7.14% or $-0.04/share to $0.52. In the past year, the shares have traded as low as $0.41 and as high as $0.93. On average, 66773 shares of KAT.TO exchange hands on a given day and today's volume is recorded at 706018. 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 $0.67 area but be careful because the stock may face selling pressure at this level.