Goldman Sachs Group (GS) Shares Cross Below Book Value


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In trading on Friday, shares of Goldman Sachs Group Incorporated (Symbol: GS) crossed below their last reported book value - defined as common shareholder equity per share - of $159.66, changing hands as low as $158.57 per share. Goldman Sachs Group Incorporated shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of GS shares, versus its 50 and 200 day moving averages: Goldman Sachs Group Incorporated Moving Averages Chart

Looking at the chart above, GS's low point in its 52 week range is $140.39 per share, with $181.13 as the 52 week high point - that compares with a last trade of $158.88.

According to the ETF Finder at ETF Channel, GS makes up 6.44% of the iShares U.S. Broker-Dealers ETF (Symbol: IAI) which is trading higher by about 0.1% on the day Friday.

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 Nasdaq, Inc.

This article appears in: Investing Options
Referenced Stocks: GS , IAI

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