Walter Energy (WLT) Shares Cross Below Book Value

In trading on Wednesday, shares of Walter Energy, Inc. (WLT) crossed below their last reported book value — defined as common shareholder equity per share — of $14.53, changing hands as low as $14.44 per share. Walter Energy, Inc. shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of WLT shares, versus its 50 and 200 day moving averages:

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Walter Energy, Inc. Moving Averages Chart

Looking at the chart above, WLT's low point in its 52 week range is $9.88 per share, with $40.65 as the 52 week high point — that compares with a last trade of $14.65.

According to the ETF Finder at ETF Channel, WLT makes up 3.17% of the SPDR S&P Metals and Mining ETF ( XME) which is trading lower by about 1.1% on the day Wednesday.

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