Markets

LADR Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of Ladder Capital Corp (Symbol: LADR) crossed below their 200 day moving average of $13.90, changing hands as low as $13.56 per share. Ladder Capital Corp shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of LADR shares, versus its 200 day moving average:

Ladder Capital Corp 200 Day Moving Average Chart

Looking at the chart above, LADR's low point in its 52 week range is $11.34 per share, with $15.53 as the 52 week high point - that compares with a last trade of $13.64.

According to the ETF Finder at ETF Channel, LADR makes up 2.59% of the Mortgage REIT Income ETF (Symbol: MORT) which is trading up by about 0.3% on the day Friday.

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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