Markets

New York Mortgage Trust (NYMT) Shares Cross Below 200 DMA

In trading on Wednesday, shares of New York Mortgage Trust Inc (Symbol: NYMT) crossed below their 200 day moving average of $6.15, changing hands as low as $6.07 per share. New York Mortgage Trust Inc shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of NYMT shares, versus its 200 day moving average:

New York Mortgage Trust Inc 200 Day Moving Average Chart

Looking at the chart above, NYMT's low point in its 52 week range is $5.58 per share, with $6.44 as the 52 week high point — that compares with a last trade of $6.08.

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.

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