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GAT.UN.CA Crosses Below Key Price/Book Valuation Level
By Canada Stock Channel Staff, Friday, December 28, 4:46 PM ET
In trading on Friday, shares of UBS Global Allocation Trust (TSE:GAT.UN.CA) crossed below their last reported book value — defined as common shareholder equity per share — of $4.75, changing hands as low as $4.73 per share. UBS Global Allocation Trust shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of GAT.UN.CA shares, versus its 50 and 200 day moving averages:
Looking at the chart above, GAT.UN.CA's low point in its 52 week range is $4.46 per share, with $5.16 as the 52 week high point — that compares with a last trade of $4.73.
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