TAXI Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Medallion Financial Corp. ( TAXI) crossed below their 200 day moving average of $14.78, changing hands as low as $14.56 per share. Medallion Financial Corp. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of TAXI shares, versus its 200 day moving average:

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Medallion Financial Corp. 200 Day Moving Average Chart

Looking at the chart above, TAXI's low point in its 52 week range is $11.25 per share, with $17.85 as the 52 week high point — that compares with a last trade of $14.69.

According to the ETF Finder at ETF Channel, TAXI makes up 2.03% of the BDC Income ETF ( BIZD) which is trading lower by about 0.6% on the day Thursday.

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