CIM Makes Bullish Cross Above Critical Moving Average
In trading on Thursday, shares of Chimera Investment Corp (Symbol: CIM) crossed above their 200 day moving average of $14.19, changing hands as high as $14.32 per share. Chimera Investment Corp shares are currently trading up about 3.1% on the day. The chart below shows the one year performance of CIM shares, versus its 200 day moving average:
Looking at the chart above, CIM's low point in its 52 week range is $9.85 per share, with $16.89 as the 52 week high point — that compares with a last trade of $14.34.
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