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Everest Re Group (RE) Shares Cross Below Book Value

By: BNK Invest
Posted: 6/12/2014 4:34:00 PM
Referenced Stocks: RE;SYV

In trading on Thursday, shares of Everest Re Group Ltd (Symbol: RE) crossed below their last reported book value - defined as common shareholder equity per share - of $159.64, changing hands as low as $158.42 per share. Everest Re Group Ltd shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of RE shares, versus its 50 and 200 day moving averages: Everest Re Group Ltd Moving Averages Chart

Looking at the chart above, RE's low point in its 52 week range is $122.89 per share, with $163.07 as the 52 week high point - that compares with a last trade of $159.55.

RE makes up 3.14% of the SPDR MFS Systematic Value Equity ETF (Symbol: SYV)

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