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In trading on Friday, shares of Emulex Corporation (NYSE:ELX) crossed below their last reported book value — defined as common shareholder equity per share — of $6.69, changing hands as low as $6.50 per share. Emulex Corporation shares are currently trading down about 3.3% on the day. The chart below shows the one year performance of ELX shares, versus its 50 and 200 day moving averages:
Looking at the chart above, ELX's low point in its 52 week range is $6.40 per share, with $12.97 as the 52 week high point — that compares with a last trade of $6.50.
ELX operates in the Computer Peripherals sector, among companies like Immersion Corp (NASDAQ:IMMR) which is off about 0.1% today, and RadiSys Corp. (NASDAQ:RSYS) trading lower by about 2.1%. Below is a three month price history chart comparing the stock performance of ELX, versus IMMR and RSYS.
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