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L-3 Communications Holdings, Inc. (LLL) Shares Cross Below Book Value

By Dividend Channel Staff, Monday, July 23, 4:35 PM ET
Now Playing: The Importance of Book Value


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In trading on Monday, shares of L-3 Communications Holdings, Inc. (NYSE:LLL) crossed below their last reported book value — defined as common shareholder equity per share — of $68.73, changing hands as low as $68.61 per share. L-3 Communications Holdings, Inc. shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of LLL shares, versus its 50 and 200 day moving averages:

L-3 Communications Holdings, Inc. Moving Averages Chart

Looking at the chart above, LLL's low point in its 52 week range is $55.91 per share, with $80.69 as the 52 week high point — that compares with a last trade of $68.63.


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LLL makes up 4.08% of the SPDR S&P Aerospace & Defense ETF (AMEX:XAR)

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