KCAP Crosses Below Key Price/Book Valuation Level

In trading on Thursday, shares of KCAP Financial (KCAP) crossed below their last reported book value — defined as common shareholder equity per share — of $7.96, changing hands as low as $7.95 per share. KCAP Financial shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of KCAP shares, versus its 50 and 200 day moving averages:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their book value »

KCAP Financial Moving Averages Chart

Looking at the chart above, KCAP's low point in its 52 week range is $7.49 per share, with $11.48 as the 52 week high point — that compares with a last trade of $7.99.

According to the ETF Finder at ETF Channel, KCAP makes up 1.23% of the BDC Income ETF ( BIZD) which is trading lower by about 0.4% on the day Thursday.

More from Stocks

Dow Falls Sharply as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply as Wall Street Weighs Trump's New Trade Threats

Harley-Davidson to Shift Some U.S. Production in Wake of Tariffs

Harley-Davidson to Shift Some U.S. Production in Wake of Tariffs

Why 5 Big Industrial Stocks Are Being Rocked By Trade War Fears

Why 5 Big Industrial Stocks Are Being Rocked By Trade War Fears

Intel Gets a Downgrade Following CEO Resignation

Intel Gets a Downgrade Following CEO Resignation

Trump's Obsession With Winning His China Trade War Could Pummel Investors

Trump's Obsession With Winning His China Trade War Could Pummel Investors