In trading on Tuesday, shares of Providence & Worcester Railroad Co. (PWX) crossed below their last reported book value — defined as common shareholder equity per share — of $15.05, changing hands as low as $15.00 per share. Providence & Worcester Railroad Co. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of PWX shares, versus its 50 and 200 day moving averages:
Looking at the chart above, PWX's low point in its 52 week range is $11.50 per share, with $18.52 as the 52 week high point — that compares with a last trade of $15.06.
PWX operates in the Railroads sector, among companies like Union Pacific Corp (NYSE:UNP) which is off about 1.2% today, and Canadian National Railway Co. (NYSE:CNI) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of PWX, versus UNP and CNI.
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