BKCC Crosses Below Key Price/Book Valuation Level

In trading on Friday, shares of Blackrock Kelso Capital Corporation (BKCC) crossed below their last reported book value — defined as common shareholder equity per share — of $9.37, changing hands as low as $9.32 per share. Blackrock Kelso Capital Corporation shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of BKCC shares, versus its 50 and 200 day moving averages:

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Blackrock Kelso Capital Corporation Moving Averages Chart

Looking at the chart above, BKCC's low point in its 52 week range is $8.91 per share, with $10.82 as the 52 week high point — that compares with a last trade of $9.38.

According to the ETF Finder at ETF Channel, BKCC makes up 4.32% of the BDC Income ETF ( BIZD) which is trading lower by about 1% on the day Friday.

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