In trading on Monday, shares of Protective Life Corp. (PL) crossed below their last reported book value — defined as common shareholder equity per share — of $46.31, changing hands as low as $46.26 per share. Protective Life Corp. shares are currently trading down about 5.5% on the day. The chart below shows the one year performance of PL shares, versus its 50 and 200 day moving averages:
Looking at the chart above, PL's low point in its 52 week range is $31.02 per share, with $53.08 as the 52 week high point — that compares with a last trade of $46.34.
According to the ETF Finder at ETF Channel, PL makes up 2.07% of the SPDR S&P Insurance ETF (KIE) which is trading lower by about 2.8% on the day Monday.