STAR Crosses Below Key Price/Book Valuation Level

By
A A A

In trading on Thursday, shares of iStar Financial Inc (Symbol: STAR) crossed below their last reported book value - defined as common shareholder equity per share - of $14.21, changing hands as low as $14.03 per share. iStar Financial Inc shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of STAR shares, versus its 50 and 200 day moving averages: iStar Financial Inc Moving Averages Chart

Looking at the chart above, STAR's low point in its 52 week range is $9.99 per share, with $15.91 as the 52 week high point - that compares with a last trade of $14.08.

According to the ETF Finder at ETF Channel, STAR makes up 2.07% of the iShares Mortgage Real Estate Capped ETF (Symbol: REM) which is trading lower by about 0.3% on the day Thursday.

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



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 , Investing Ideas

Referenced Stocks: STAR , REM

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

The Pumpkin Carvers
The Pumpkin Carvers                 

Stocks

Referenced

Most Active by Volume

73,919,380
  • $97.529 ▲ 2.97%
44,949,275
  • $70.99 ▲ 2.48%
43,082,224
  • $44.80 ▼ 0.07%
37,429,674
  • $15.555 ▲ 0.23%
32,916,339
  • $3.47 ▼ 0.29%
31,993,800
  • $22.365 ▼ 9.89%
30,566,799
  • $28.61 ▲ 0.32%
30,150,766
  • $11.02 ▲ 11.88%
As of 7/23/2014, 02:52 PM