CLM Makes Notable Cross Below Critical Moving AverageBy Dividend Channel Staff, Thursday, May 13, 12:04 PM ETIn trading on Thursday, shares of Cornerstone Strategic Value Fund Inc New Common (AMEX:CLM) crossed below their 200 day moving average of $11.88, changing hands as low as $11.73 per share. Cornerstone Strategic Value Fund Inc New Common shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of CLM shares, versus its 200 day moving average:
Looking at the chart above, CLM's low point in its 52 week range is $9.06 per share, with $13.81 as the 52 week high point — that compares with a last trade of $11.79. Free Report: Top 7%+ Dividends (paid monthly)
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