Cargojet Falls to Levels Below Book ValueBy Canada Stock Channel Staff, Monday, March 29, 12:39 PM ETIn trading on Monday, shares of Cargojet Inc (TSE:CJT.CA) crossed below their last reported book value — defined as common shareholder equity per share — of $162.00, changing hands as low as $159.80 per share. Cargojet Inc shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of CJT.CA shares, versus its 50 and 200 day moving averages:
Looking at the chart above, CJT.CA's low point in its 52 week range is $91.82 per share, with $250.01 as the 52 week high point — that compares with a last trade of $162.68. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
This Article's Word Cloud:
Below
Book
Cargojet
Channel
Crossing
Dividend
Looking
Monday
Newsletter
Offer
Premium
Receive
Special
Start
Stocks
Value
about
above
afternoon
averages
below
best
book
changing
chart
common
compares
crossed
currently
defined
directly
dividend
down
each
equity
hands
high
ideas
inbox
last
mdash
moving
performance
point
range
share
shares
trading
week
with
|