In trading on Thursday, shares of Tidewater Inc. (TDW) crossed below their last reported book value — defined as common shareholder equity per share — of $53.14, changing hands as low as $52.73 per share. Tidewater Inc. shares are currently trading off about 4.6% on the day. The chart below shows the one year performance of TDW shares, versus its 50 and 200 day moving averages:
Looking at the chart above, TDW's low point in its 52 week range is $45.19 per share, with $63.22 as the 52 week high point — that compares with a last trade of $52.89.
According to the ETF Finder at ETF Channel, TDW makes up 2.27% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES) which is trading lower by about 2.1% on the day Thursday.