UFS Crosses Below Key Price/Book Valuation Level
In trading on Thursday, shares of Domtar Corp (Symbol: UFS) crossed below their last reported book value - defined as common shareholder equity per share - of $86.39, changing hands as low as $86.28 per share. Domtar Corp shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of UFS shares, versus its 50 and 200 day moving averages:
Looking at the chart above, UFS's low point in its 52 week range is $65.01 per share, with $115.75 as the 52 week high point - that compares with a last trade of $86.41.
According to the ETF Finder at ETF Channel, UFS makes up 3.57% of the PowerShares International BuyBack Achievers Portfolio ETF (Symbol: IPKW) which is trading up by about 0.2% on the day Thursday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.