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Sears Holdings Corp (SHLD) Shares Cross Below Book Value

By Market News Video Staff, Tuesday, May 3, 12:44 PM ET
Now Playing: The Importance of Book Value


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In trading on Tuesday, shares of Sears Holdings Corp (NASDAQ:SHLD) crossed below their last reported book value — defined as common shareholder equity per share — of $78.08, changing hands as low as $75.33 per share. Sears Holdings Corp shares are currently trading down about 9.2% on the day. The chart below shows the one year performance of SHLD shares, versus its 50 and 200 day moving averages:

Sears Holdings Corp Moving Averages Chart

Looking at the chart above, SHLD's low point in its 52 week range is $59.21 per share, with $125.42 as the 52 week high point — that compares with a last trade of $76.57.

According to the ETF Finder at ETF Channel, SHLD makes up 1.39% of the First Trust NASDAQ-100 Ex-Technology Sector IndexFund ETF (NASDAQ:QQXT) which is trading lower by about 0.6% on the day Tuesday.

     See what other ETFs contain SHLD »
     See what other stocks are held by QQXT »

SHLD operates in the Department Stores sector, among companies like Dollar General Corp (NYSE:DG) which is down about 0.8% today, and Kohl's Corp. (NYSE:KSS) trading higher by about 0.1%. Below is a three month price history chart comparing the stock performance of SHLD, versus DG and KSS.

SHLD,DG,KSS Relative Performance Chart


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This Article's Word Cloud:   According   Below   Book   Channel   Corp   First   Holdings   Investment   Kohl   NYSE   Portfolio   QQXT   SHLD   Sears   Tuesday   Value   about   allows   asset   below   book   chart   companies   completely   currently   designed   down   growth   hands   history   last   mdash   other   performance   point   portfolio   price   range   raquo   share   shareholder   shares   stocks   terms   trading   versus   week   what   which   with
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