UNM Crosses Below Key Price/Book Valuation Level

By DividendChannel.com,

Shutterstock photo

In trading on Wednesday, shares of Unum Group (Symbol: UNM) crossed below their last reported book value - defined as common shareholder equity per share - of $34.77, changing hands as low as $34.70 per share. Unum Group shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of UNM shares, versus its 50 and 200 day moving averages: Unum Group Moving Averages Chart

Looking at the chart above, UNM's low point in its 52 week range is $28.38 per share, with $36.30 as the 52 week high point - that compares with a last trade of $34.88.

According to the ETF Finder at ETF Channel, UNM makes up 1.94% of the SPDR S&P Insurance ETF (Symbol: KIE) which is trading lower by about 0.1% on the day Wednesday.

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: UNM , KIE

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