MCG Capital (MCGC) Shares Cross Below 200 DMA

In trading on Wednesday, shares of MCG Capital Corporation ( MCGC) crossed below their 200 day moving average of $4.97, changing hands as low as $4.86 per share. MCG Capital Corporation shares are currently trading off about 6.5% on the day. The chart below shows the one year performance of MCGC shares, versus its 200 day moving average:

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MCG Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, MCGC's low point in its 52 week range is $4.01 per share, with $5.55 as the 52 week high point — that compares with a last trade of $4.90.

MCGC makes up 2.20% of the BDC Income ETF ( BIZD)
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