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CS

CS Falls to Levels Below Book Value

In trading on Tuesday, shares of Credit Suisse Group (Symbol: CS) crossed below their last reported book value - defined as common shareholder equity per share - of $26.50, changing hands as low as $26.48 per share. Credit Suisse Group shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of CS shares, versus its 50 and 200 day moving averages:

Credit Suisse Group Moving Averages Chart

Looking at the chart above, CS's low point in its 52 week range is $21.01 per share, with $32.05 as the 52 week high point - that compares with a last trade of $26.65.

According to the ETF Finder at ETF Channel, CS makes up 1.23% of the Guggenheim International Multi-Asset Income ETF (Symbol: HGI) which is trading higher by about 0.6% on the day Tuesday.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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