Markets

Hudson City Bancorp (HCBK) Shares Cross Below Book Value

In trading on Wednesday, shares of Hudson City Bancorp Inc (Symbol: HCBK) crossed below their last reported book value - defined as common shareholder equity per share - of $9.10, changing hands as low as $8.89 per share. Hudson City Bancorp Inc shares are currently trading down about 5.4% on the day. The chart below shows the one year performance of HCBK shares, versus its 50 and 200 day moving averages:

Hudson City Bancorp Inc Moving Averages Chart

Looking at the chart above, HCBK's low point in its 52 week range is $8.81 per share, with $10.35 as the 52 week high point - that compares with a last trade of $8.91.

HCBK makes up 2.09% of the SPDR S&P Mortgage Finance ETF (Symbol: KME)

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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