ORI Crosses Below Key Price/Book Valuation Level

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In trading on Tuesday, shares of Old Republic International Corp. (Symbol: ORI) crossed below their last reported book value - defined as common shareholder equity per share - of $14.84, changing hands as low as $14.82 per share. Old Republic International Corp. shares are currently trading down about 2% on the day. The chart below shows the one year performance of ORI shares, versus its 50 and 200 day moving averages: Old Republic International Corp. Moving Averages Chart

Looking at the chart above, ORI's low point in its 52 week range is $13.74 per share, with $17.45 as the 52 week high point - that compares with a last trade of $14.87.

ORI makes up 1.96% of the SPDR S&P Mortgage Finance ETF (Symbol: KME)

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 , Options

Referenced Stocks: ORI , KME

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