RAS Crosses Below Key Moving Average Level

In trading on Friday, shares of RAIT Financial Trust ( RAS) crossed below their 200 day moving average of $7.82, changing hands as low as $7.81 per share. RAIT Financial Trust shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of RAS shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

RAIT Financial Trust 200 Day Moving Average Chart

Looking at the chart above, RAS's low point in its 52 week range is $6.16 per share, with $9.21 as the 52 week high point — that compares with a last trade of $7.84.

According to the ETF Finder at ETF Channel, RAS makes up 1.28% of the Mortgage REIT Income ETF ( MORT) which is trading relatively unchanged on the day Friday.

If you liked this article you might like

10 High-Yielding Stocks to Own Ahead of a Surprising Late Summer Market Swoon

10 High-Yielding Stocks to Own Ahead of a Surprising Late Summer Market Swoon

What To Sell: 3 Sell-Rated Dividend Stocks AJX, GOOD, RAS

What To Sell: 3 Sell-Rated Dividend Stocks AJX, GOOD, RAS

3 Sell-Rated Dividend Stocks: AMID, FSAM, RAS

3 Sell-Rated Dividend Stocks: AMID, FSAM, RAS

3 Hold-Rated Dividend Stocks: ZFC, PNNT, RAS

3 Hold-Rated Dividend Stocks: ZFC, PNNT, RAS

3 Stocks With Upcoming Ex-Dividend Dates: RAS, SBS, ROP

3 Stocks With Upcoming Ex-Dividend Dates: RAS, SBS, ROP