Chimera Investment Corporation Preferred Shares Series B (NYSE:CIM.B) Shares Down 1.2% – Should You Sell?

Chimera Investment Corporation Preferred Shares Series B (NYSE:CIM.B) shares traded down 1.2% on Friday . The stock traded as low as $22.01 and last traded at $22.34. 66,557 shares changed hands during trading, an increase of 62% from the average session volume of 41,018 shares. The stock had previously closed at $22.62.

Chimera Investment Corporation Preferred Shares Series B Price Performance

The company’s 50-day simple moving average is $23.41 and its 200 day simple moving average is $24.08.