In trading on Wednesday, shares of Credit Suisse Group (NYSE:CS) crossed below their last reported book value — defined as common shareholder equity per share — of $26.03, changing hands as low as $25.91 per share. Credit Suisse Group shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of CS shares, versus its 50 and 200 day moving averages:
Looking at the chart above, CS's low point in its 52 week range is $22.23 per share, with $47.63 as the 52 week high point — that compares with a last trade of $26.02.
CS operates in the Banking & Savings sector, among companies like Community Bank System, Inc. (NYSE:CBU) which is off about 3.8% today, and Texas Capital Bancshares Inc (NASDAQ:TCBI) trading lower by about 3.9%. Below is a three month price history chart comparing the stock performance of CS, versus CBU and TCBI.
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