In trading on Tuesday, shares of Owens Corning (Symbol: OC) crossed below their last reported book value - defined as common shareholder equity per share - of $32.93, changing hands as low as $32.77 per share. Owens Corning shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of OC shares, versus its 50 and 200 day moving averages:
Looking at the chart above, OC's low point in its 52 week range is $32.77 per share, with $46.64 as the 52 week high point - that compares with a last trade of $32.93.
According to the ETF Finder at ETF Channel, OC makes up 2.63% of the First Trust Materials AlphaDEX Fund ETF (Symbol: FXZ) which is trading higher by about 0.2% 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.
