In trading on Monday, shares of Republic Airways Holdings Inc (NASD: RJET) crossed below their last reported book value — defined as common shareholder equity per share — of $11.02, changing hands as low as $10.94 per share. Republic Airways Holdings Inc shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of RJET shares, versus its 50 and 200 day moving averages:
Click here to find out which 9 other stocks recently crossed below their book value »
Looking at the chart above, RJET's low point in its 52 week range is $4.41 per share, with $13.92 as the 52 week high point — that compares with a last trade of $10.98.
According to the ETF Finder at ETF Channel, RJET makes up 1.24% of the Dynamic Industrials Sector Portfolio ETF (AMEX: PRN)which is trading lower by about 1.2% on the day Monday.
