In trading on Monday, shares of Sparton Corp. (NYSE:SPA) crossed below their last reported book value — defined as common shareholder equity per share — of $7.16, changing hands as low as $6.98 per share. Sparton Corp. shares are currently trading down about 6.4% on the day. The chart below shows the one year performance of SPA shares, versus its 50 and 200 day moving averages:
Looking at the chart above, SPA's low point in its 52 week range is $5.85 per share, with $10.88 as the 52 week high point — that compares with a last trade of $7.02.
SPA operates in the Electronic Equipment & Products sector, among companies like TE Connectivity Ltd (NYSE:TEL) which is up about 1.4% today, and Hitachi, Ltd. (HIT) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of SPA, versus TEL and HIT.
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