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CDNA Crosses Below Key Price/Book Valuation Level

By Market News Video Staff, Tuesday, September 7, 1:15 PM ET
Play Video: The Importance of Book Value


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In trading on Tuesday, shares of CareDx Inc (NASDAQ:CDNA) crossed below their last reported book value — defined as common shareholder equity per share — of $74.00, changing hands as low as $73.03 per share. CareDx Inc shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of CDNA shares, versus its 50 and 200 day moving averages:

CareDx Inc Moving Averages Chart

Looking at the chart above, CDNA's low point in its 52 week range is $30.27 per share, with $99.83 as the 52 week high point — that compares with a last trade of $74.32.


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CDNA Crosses Below Key Price/Book Valuation Level | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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