EMD Crosses Above Key Moving Average Level
In trading on Wednesday, shares of Western Asset Emerging Markets Income Fund (Symbol: EMD) crossed above their 200 day moving average of $10.57, changing hands as high as $10.72 per share. Western Asset Emerging Markets Income Fund shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of EMD shares, versus its 200 day moving average:
Looking at the chart above, EMD's low point in its 52 week range is $9.50 per share, with $11.30 as the 52 week high point — that compares with a last trade of $10.68.
Further EMD Research:
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.