NMFC Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of New Mountain Finance Corp ( NMFC) crossed above their 200 day moving average of $14.77, changing hands as high as $14.79 per share. New Mountain Finance Corp shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of NMFC shares, versus its 200 day moving average:

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New Mountain Finance Corp 200 Day Moving Average Chart

Looking at the chart above, NMFC's low point in its 52 week range is $13.53 per share, with $15.83 as the 52 week high point — that compares with a last trade of $14.55.

According to the ETF Finder at ETF Channel, NMFC makes up 3.01% of the BDC Income ETF ( BIZD) which is trading lower by about 1.2% on the day Thursday.
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