CIM Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Chimera Investment Corp (Symbol: CIM) crossed below their 200 day moving average of $14.40, changing hands as low as $13.55 per share. Chimera Investment Corp shares are currently trading off about 8.8% 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 $11.285 per share, with $16.89 as the 52 week high point — that compares with a last trade of $13.71.
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