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NewStar Financial Inc Breaks Below 200-Day Moving Average - Bearish for NEWS

By Market News Video Staff, Monday, May 23, 2:49 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of NewStar Financial Inc (NASDAQ:NEWS) crossed below their 200 day moving average of $9.27, changing hands as low as $8.89 per share. NewStar Financial Inc shares are currently trading down about 4% on the day. The chart below shows the one year performance of NEWS shares, versus its 200 day moving average:

NewStar Financial Inc 200 Day Moving Average Chart

Looking at the chart above, NEWS's low point in its 52 week range is $5.94 per share, with $12.43 as the 52 week high point — that compares with a last trade of $9.00.

According to the ETF Finder at ETF Channel, NEWS makes up 1.20% of the Dynamic Financial Sector Portfolio ETF (AMEX:PFI) which is trading lower by about 1.4% on the day Monday.

     See what other ETFs contain NEWS »
     See what other stocks are held by PFI »

NEWS operates in the Asset Management sector, among companies like Federated Investors Inc (NYSE:FII) which is down about 1.5% today, and American Capital Ltd (NASDAQ:ACAS) trading lower by about 2.8%. Below is a three month price history chart comparing the stock performance of NEWS, versus FII and ACAS.

NEWS,FII,ACAS Relative Performance Chart


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This Article's Word Cloud:   ACAS   AMEX   Average   Below   Channel   Dynamic   ETFs   Financial   Finder   Free   Investors   Monday   Moving   NEWS   NewStar   Portfolio   about   among   asset   average   below   cash   chart   companies   currently   designed   down   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   range   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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