Home / Market Movers / Shares of TSX Venture Miscellaneous Company CHC Student Housing Corp. (CDX:CHC:CA) Fall 17.49% on February 16

Shares of TSX Venture Miscellaneous Company CHC Student Housing Corp. (CDX:CHC:CA) Fall 17.49% on February 16

In sliding 17.49%, CHC Student Housing Corp. (CDX:CHC:CA) was one of the worst performing stocks in the miscellaneous sector of the TSX Venture Exchange on February 16. After closing the previous session at $3.03, shares of CHC:CA opened this morning at $2.5 and closed the day at $2.5. Throughout the day, about 2,452 shares changed hands, compared to an average 30-day volume of 4,967 for CHC Student Housing Corp.. Shares moved as high as $3.14 and as low as $2.5 in today’s trading action.

The share depreciation gives the company a market capitalization of $7.08 million based upon 2.34 million shares outstanding.

In the past 52 weeks, shares of CHC Student Housing Corp. have traded as low as $1.3 and as high as $5.05. Technical traders will take note that at $2.5, shares of CHC:CA are trading below their 50-day moving average (MA) at $4.026 and below their 200-day MA at below $3.505. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.

Who is $CHC Student?

CHC Student Housing Corp owns and operates Canadian student housing properties. It is focused on acquiring high quality properties in close proximity to universities and colleges in primary and well understood secondary markets throughout Canada. The company is led by its CEO Mark Hansen from its headquarters at 53 Yonge Street.

For more information on CHC Student and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

All data provided by QuoteMedia, with stock data accurate as of 4:00 PM ET. FinancialPress.com is not responsible for inaccuracies in third-party supplied information.

About the TSX Venture Exchange

Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.

About FinancialPress.com

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