NAVG Crosses Below Key Price/Book Valuation Level

In trading on Wednesday, shares of Navigators Group, Inc. (NAVG) crossed below their last reported book value — defined as common shareholder equity per share — of $63.61, changing hands as low as $63.41 per share. Navigators Group, Inc. shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of NAVG shares, versus its 50 and 200 day moving averages:

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Navigators Group, Inc.  Moving Averages Chart

Looking at the chart above, NAVG's low point in its 52 week range is $49.56 per share, with $67.56 as the 52 week high point — that compares with a last trade of $63.99.

According to the ETF Finder at ETF Channel, NAVG makes up 1.18% of the Dynamic Financial Sector Portfolio ETF ( PFI) which is trading higher by about 0.6% on the day Wednesday.

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