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DOLE Crosses Below Key Price/Book Valuation Level

By Market News Video Staff, Friday, January 25, 4:37 PM ET
Now Playing: The Importance of Book Value


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In trading on Friday, shares of Dole Food Co., Inc. (NYSE:DOLE) crossed below their last reported book value — defined as common shareholder equity per share — of $10.13, changing hands as low as $10.06 per share. Dole Food Co., Inc. shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of DOLE shares, versus its 50 and 200 day moving averages:

Dole Food Co., Inc. Moving Averages Chart

Looking at the chart above, DOLE's low point in its 52 week range is $8.29 per share, with $15.19 as the 52 week high point — that compares with a last trade of $10.15.


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According to the ETF Finder at ETF Channel, DOLE makes up 1.20% of the Dynamic Consumer Staples Sector Portfolio ETF (AMEX:PSL) which is trading up by about 0.2% on the day Friday.

     See what other ETFs contain DOLE »
     See what other stocks are held by PSL »

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