IBERIABANK (IBKC) Shares Cross Below Book Value
In trading on Thursday, shares of IBERIABANK Corp (Symbol: IBKC) crossed below their last reported book value - defined as common shareholder equity per share - of $54.35, changing hands as low as $54.34 per share. IBERIABANK Corp shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of IBKC shares, versus its 50 and 200 day moving averages:
Looking at the chart above, IBKC's low point in its 52 week range is $54.34 per share, with $72.41 as the 52 week high point - that compares with a last trade of $55.52.
According to the ETF Finder at ETF Channel, IBKC makes up 1.50% of the SPDR S&P Bank ETF (Symbol: KBE) which is trading higher by about 1.3% on the day Thursday.