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STRI Crosses Below Key Price/Book Valuation Level

By Market News Video Staff, Friday, February 3, 2:01 PM ET
Now Playing: The Importance of Book Value


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In trading on Friday, shares of STR Holdings Inc. (NYSE:STRI) crossed below their last reported book value — defined as common shareholder equity per share — of $9.57, changing hands as low as $8.88 per share. STR Holdings Inc. shares are currently trading down about 20% on the day. The chart below shows the one year performance of STRI shares, versus its 50 and 200 day moving averages:

STR Holdings Inc. Moving Averages Chart

Looking at the chart above, STRI's low point in its 52 week range is $7.16 per share, with $20.08 as the 52 week high point — that compares with a last trade of $9.03.


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According to the ETF Finder at ETF Channel, STRI makes up 3.84% of the Solar Energy ETF (AMEX:KWT) which is trading up by about 1.6% on the day Friday.

     See what other ETFs contain STRI »
     See what other stocks are held by KWT »

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