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CytomX Therapeutics Shares Cross Below Book Value

By Market News Video Staff, Friday, August 23, 1:14 PM ET
Play Video: The Importance of Book Value


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In trading on Friday, shares of CytomX Therapeutics Inc (NASDAQ:CTMX) crossed below their last reported book value — defined as common shareholder equity per share — of $9.00, changing hands as low as $8.98 per share. CytomX Therapeutics Inc shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of CTMX shares, versus its 50 and 200 day moving averages:

CytomX Therapeutics Inc Moving Averages Chart

Looking at the chart above, CTMX's low point in its 52 week range is $8.78 per share, with $24.34 as the 52 week high point — that compares with a last trade of $9.15.


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