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TechTarget (TTGT) Shares Cross Below Book Value

By Market News Video Staff, Thursday, February 24, 12:56 PM ET
Play Video: The Importance of Book Value


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In trading on Thursday, shares of TechTarget Inc (NASDAQ:TTGT) crossed below their last reported book value — defined as common shareholder equity per share — of $70.00, changing hands as low as $66.27 per share. TechTarget Inc shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of TTGT shares, versus its 50 and 200 day moving averages:

TechTarget Inc Moving Averages Chart

Looking at the chart above, TTGT's low point in its 52 week range is $63.76 per share, with $111.44 as the 52 week high point — that compares with a last trade of $73.00.

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