FCT Crosses Below Key Moving Average LevelBy Dividend Channel Staff, Tuesday, September 21, 4:22 PM ETIn trading on Tuesday, shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) crossed below their 200 day moving average of $12.18, changing hands as low as $12.02 per share. First Trust Senior Floating Rate Income Fund II shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of FCT shares, versus its 200 day moving average:
Looking at the chart above, FCT's low point in its 52 week range is $10.42 per share, with $12.84 as the 52 week high point — that compares with a last trade of $12.02. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
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