In trading on Monday, shares of Leap Wireless International (LEAP) crossed below their last reported book value — defined as common shareholder equity per share — of $6.37, changing hands as low as $6.35 per share. Leap Wireless International Inc shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of LEAP shares, versus its 50 and 200 day moving averages:
Looking at the chart above, LEAP's low point in its 52 week range is $4.28 per share, with $11.30 as the 52 week high point — that compares with a last trade of $6.48.
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