In trading on Wednesday, shares of Newcastle Investment Corp (NCT) crossed below their 200 day moving average of $5.53, changing hands as low as $5.52 per share. Newcastle Investment Corp shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of NCT shares, versus its 200 day moving average:
Looking at the chart above, NCT's low point in its 52 week range is $4.44 per share, with $6.00 as the 52 week high point — that compares with a last trade of $5.56.
According to the ETF Finder at ETF Channel, NCT makes up 4.48% of the Mortgage REIT Income ETF (MORT) which is trading lower by about 0.6% on the day Wednesday.