FE Crosses Below Key Price/Book Valuation Level

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In trading on Tuesday, shares of FirstEnergy Corp. (Symbol: FE) crossed below their last reported book value - defined as common shareholder equity per share - of $30.02, changing hands as low as $29.98 per share. FirstEnergy Corp. shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of FE shares, versus its 50 and 200 day moving averages: FirstEnergy Corp. Moving Averages Chart

Looking at the chart above, FE's low point in its 52 week range is $29.98 per share, with $39.01 as the 52 week high point - that compares with a last trade of $31.38.

FE makes up 4.02% of the iShares Global Nuclear Energy ETF (Symbol: NUCL)

Click here to find out which 9 other stocks recently crossed below their book value »



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: FE , NUCL

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