SNR Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of New Senior Investment Group Inc (SNR) crossed below their 200 day moving average of $10.65, changing hands as low as $10.51 per share. New Senior Investment Group Inc shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of SNR shares, versus its 200 day moving average:

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New Senior Investment Group Inc 200 Day Moving Average Chart

Looking at the chart above, SNR's low point in its 52 week range is $7.78 per share, with $12.68 as the 52 week high point — that compares with a last trade of $10.57.

According to the ETF Finder at ETF Channel, SNR makes up 1.17% of the Global Spin-Off ETF ( SPUN) which is trading relatively unchanged on the day Wednesday.

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