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In trading on Monday, shares of Iconix Brand Group Inc (NASDAQ:ICON) crossed below their last reported book value — defined as common shareholder equity per share — of $15.61, changing hands as low as $15.24 per share. Iconix Brand Group Inc shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of ICON shares, versus its 50 and 200 day moving averages:
Looking at the chart above, ICON's low point in its 52 week range is $15.2429 per share, with $26.05 as the 52 week high point — that compares with a last trade of $15.25.
ICON operates in the Textiles & Apparel sector, among companies like Hallwood Group Inc. (AMEX:HWG) which is off about 1.6% today, and Frederick's of Hollywood Group Inc (FOH). Below is a three month price history chart comparing the stock performance of ICON, versus HWG.
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