EFC Makes Notable Cross Below Critical Moving Average
In trading on Thursday, shares of Ellington Financial Inc (Symbol: EFC) crossed below their 200 day moving average of $12.72, changing hands as low as $12.64 per share. Ellington Financial Inc shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of EFC shares, versus its 200 day moving average:
Looking at the chart above, EFC's low point in its 52 week range is $11.12 per share, with $14.40 as the 52 week high point — that compares with a last trade of $12.73.
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