Markets

Ares Capital (ARCC) Shares Cross Below 200 DMA

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In trading on Monday, shares of Ares Capital Corporation (Symbol: ARCC) crossed below their 200 day moving average of $14.77, changing hands as low as $14.74 per share. Ares Capital Corporation shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of ARCC shares, versus its 200 day moving average:

Ares Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, ARCC's low point in its 52 week range is $11.01 per share, with $16.80 as the 52 week high point - that compares with a last trade of $14.70. According to the ETF Finder at ETF Channel, ARCC makes up 16.63% of the BDC Income ETF (Symbol: BIZD) which is trading up by about 0.2% on the day Monday.

Click here to find out which 9 other dividend stocks recently crossed below 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.


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

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