SLRC Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of Solar Capital Limited (SLRC) crossed below their 200 day moving average of $19.18, changing hands as low as $19.07 per share. Solar Capital Limited shares are currently trading off about 1% on the day. The chart below shows the one year performance of SLRC shares, versus its 200 day moving average:

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Solar Capital Limited 200 Day Moving Average Chart

Looking at the chart above, SLRC's low point in its 52 week range is $17.20 per share, with $21.80 as the 52 week high point — that compares with a last trade of $19.15.

According to the ETF Finder at ETF Channel, SLRC makes up 3.10% of the BDC Income ETF ( BIZD) which is trading lower by about 0.6% on the day Thursday.

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