In trading on Wednesday, shares of THL Credit Incorporated (TCRD) crossed below their last reported book value — defined as common shareholder equity per share — of $13.36, changing hands as low as $13.31 per share. THL Credit Incorporated shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of TCRD shares, versus its 50 and 200 day moving averages:
TCRD Crosses Below Key Price/Book Valuation Level
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