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WPO Crosses Below Key Price/Book Valuation Level
By Dividend Channel Staff, Friday, December 21, 4:31 PM ET
In trading on Friday, shares of Washington Post Co. (WPO) crossed below their last reported book value — defined as common shareholder equity per share — of $359.69, changing hands as low as $357.55 per share. Washington Post Co. shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of WPO shares, versus its 50 and 200 day moving averages:
Looking at the chart above, WPO's low point in its 52 week range is $327.00 per share, with $405.00 as the 52 week high point — that compares with a last trade of $361.51.
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According to the ETF Finder at ETF Channel, WPO makes up 1.03% of the Guggenheim Insider Sentiment ETF (AMEX:NFO) which is trading lower by about 0.5% on the day Friday.
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