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Markel Corp (MKL) Shares Cross Below Book Value

By Market News Video Staff, Tuesday, October 4, 1:20 PM ET
Now Playing: The Importance of Book Value


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In trading on Tuesday, shares of Markel Corp (NYSE:MKL) crossed below their last reported book value — defined as common shareholder equity per share — of $338.65, changing hands as low as $337.50 per share. Markel Corp shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of MKL shares, versus its 50 and 200 day moving averages:

Markel Corp  Moving Averages Chart

Looking at the chart above, MKL's low point in its 52 week range is $332.77 per share, with $430.26 as the 52 week high point — that compares with a last trade of $343.32.

According to the ETF Finder at ETF Channel, MKL makes up 1.27% of the iShares Dow Jones U.S. Insurance Index Fund ETF (AMEX:IAK) which is trading relatively unchanged on the day Tuesday.

     See what other ETFs contain MKL »
     See what other stocks are held by IAK »

MKL operates in the Insurance Brokers sector, among companies like HCC Insurance Holdings, Inc. (NYSE:HCC) which is down about 0.3% today, and Transatlantic Holdings, Inc. (TRH) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of MKL, versus HCC and TRH.

MKL,HCC,TRH Relative Performance Chart


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