In trading on Monday, shares of Hanover Insurance Group Inc (Symbol: THG) crossed below their last reported book value - defined as common shareholder equity per share - of $59.37, changing hands as low as $59.27 per share. Hanover Insurance Group Inc shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of THG shares, versus its 50 and 200 day moving averages:
Looking at the chart above, THG's low point in its 52 week range is $45.81 per share, with $62.35 as the 52 week high point - that compares with a last trade of $59.59.
THG makes up 2.07% of the SPDR S&P Mortgage Finance ETF (Symbol: KME)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.