MCI Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Babson Capital Corporate Investors Fund (Symbol: MCI) crossed below their 200 day moving average of $18.39, changing hands as low as $18.00 per share. Babson Capital Corporate Investors Fund shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of MCI shares, versus its 200 day moving average:
Looking at the chart above, MCI's low point in its 52 week range is $16.21 per share, with $21.50 as the 52 week high point — that compares with a last trade of $18.21.
Further MCI Research:
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