Bullish Two Hundred Day Moving Average Cross - NRZ

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In trading on Monday, shares of New Residential Investment Corp (Symbol: NRZ) crossed above their 200 day moving average of $16.92, changing hands as high as $17.09 per share. New Residential Investment Corp shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of NRZ shares, versus its 200 day moving average: New Residential Investment Corp 200 Day Moving Average Chart

Looking at the chart above, NRZ's low point in its 52 week range is $15.04 per share, with $18.43 as the 52 week high point - that compares with a last trade of $17.07.

According to the ETF Finder at ETF Channel, NRZ makes up 8.43% of the iShares Mortgage Real Estate ETF (Symbol: REM) which is trading higher by about 1.2% on the day Monday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: NRZ , REM

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