New Commerce Split Fund (TSE:YCM) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

New Commerce Split Fund (TSE:YCMGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$4.25 and traded as low as C$3.75. New Commerce Split Fund shares last traded at C$3.75, with a volume of 300 shares traded.

New Commerce Split Fund Stock Performance

The company has a 50-day moving average of C$4.25 and a 200-day moving average of C$4.46. The stock has a market capitalization of C$3.23 million and a price-to-earnings ratio of -3.27.

About New Commerce Split Fund

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New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.

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