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:
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.
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.
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