Perfect World (PWRD) Shares Cross Below Book Value

In trading on Tuesday, shares of Perfect World Co., Ltd. (PWRD) crossed below their last reported book value — defined as common shareholder equity per share — of $16.69, changing hands as low as $16.49 per share. Perfect World Co., Ltd. shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of PWRD shares, versus its 50 and 200 day moving averages:

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Perfect World Co., Ltd. Moving Averages Chart

Looking at the chart above, PWRD's low point in its 52 week range is $9.72 per share, with $22.82 as the 52 week high point — that compares with a last trade of $17.13.

According to the ETF Finder at ETF Channel, PWRD makes up 1.00% of the Golden Dragon China Portfolio ETF ( PGJ) which is trading higher by about 1.4% on the day Tuesday.

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