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SANM Falls to Levels Below Book Value

By Market News Video Staff, Monday, August 8, 3:09 PM ET
Now Playing: The Importance of Book Value


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In trading on Monday, shares of Sanmina-SCI Corp (NASDAQ:SANM) crossed below their last reported book value — defined as common shareholder equity per share — of $9.29, changing hands as low as $8.81 per share. Sanmina-SCI Corp shares are currently trading down about 8.5% on the day. The chart below shows the one year performance of SANM shares, versus its 50 and 200 day moving averages:

Sanmina-SCI Corp Moving Averages Chart

Looking at the chart above, SANM's low point in its 52 week range is $8.80 per share, with $17.32 as the 52 week high point — that compares with a last trade of $8.89.

According to the ETF Finder at ETF Channel, SANM makes up 2.82% of the First Trust NASDAQ CEA Smartphone Index Fund ETF (NASDAQ:FONE) which is trading lower by about 5.2% on the day Monday.

     See what other ETFs contain SANM »
     See what other stocks are held by FONE »

SANM operates in the Electronic Equipment & Products sector, among companies like Littelfuse, Inc. (NASDAQ:LFUS) which is down about 3.8% today, and Franklin Electric Co., Inc. (NASDAQ:FELE) trading lower by about 2.5%. Below is a three month price history chart comparing the stock performance of SANM, versus LFUS and FELE.

SANM,LFUS,FELE Relative Performance Chart


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This Article's Word Cloud:   Below   CHANNEL   Channel   Corp   FELE   FLEXIBLE   FONE   Growth   LFUS   Monday   NASDAQ   Products   SANM   Sanmina   Start   about   anywhere   asset   below   chart   classes   countries   crossed   defined   designed   down   equity   everywhere   flexibility   follow   high   last   lower   other   performance   point   portfolio   regions   share   shares   stock   stocks   their   today   trading   versus   week   what   which   with
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