TCRD Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of THL Credit Incorporated ( TCRD) crossed below their 200 day moving average of $15.75, changing hands as low as $15.72 per share. THL Credit Incorporated shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of TCRD shares, versus its 200 day moving average:

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THL Credit Incorporated 200 Day Moving Average Chart

Looking at the chart above, TCRD's low point in its 52 week range is $14.00 per share, with $17.00 as the 52 week high point — that compares with a last trade of $15.85.

According to the ETF Finder at ETF Channel, TCRD makes up 2.89% of the KBW High Dividend Yield Financial Portfolio ETF ( KBWD) which is trading lower by about 0.3% on the day Friday.

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