InfoSpace Inc. (INSP) Shares Cross Below Book Value Tuesday, May 17, 2:32 PM ET, by Market News Video Staff In trading on Tuesday, shares of InfoSpace Inc. (INSP) crossed below their last reported book ...
In trading on Thursday, shares of InfoSpace Inc. (NASDAQ:INSP) crossed below their last reported book value — defined as common shareholder equity per share — of $8.83, changing hands as low as $8.69 per share. InfoSpace Inc. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of INSP shares, versus its 50 and 200 day moving averages:
Looking at the chart above, INSP's low point in its 52 week range is $6.62 per share, with $9.84 as the 52 week high point — that compares with a last trade of $9.18.
INSP operates in the Application Software sector, among companies like Check Point Software Technologies, Ltd. (NASDAQ:CHKP) which is up about 0.8% today, and SK Telecom Co., Ltd. (NYSE:SKM) trading lower by about 1.7%. Below is a three month price history chart comparing the stock performance of INSP, versus CHKP and SKM.
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