Flaherty & Crumrine Preferred Income Fund (NYSE:PFD) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Flaherty and Crumrine Preferred Income Fund Inc. (NYSE: PFD - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.84 and traded as low as $11.34. Flaherty and Crumrine Preferred Income Fund shares last traded at $11.3510, with a volume of