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NMFC Crosses Below Key Moving Average Level

By Dividend Channel Staff, Friday, September 7, 11:31 AM ET
Play Video: Learn About The 200 DMA


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In trading on Friday, shares of New Mountain Finance Corp (NYSE:NMFC) crossed below their 200 day moving average of $13.61, changing hands as low as $13.40 per share. New Mountain Finance Corp shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of NMFC shares, versus its 200 day moving average:

New Mountain Finance Corp 200 Day Moving Average Chart

Looking at the chart above, NMFC's low point in its 52 week range is $12.05 per share, with $14.50 as the 52 week high point — that compares with a last trade of $13.60.


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