Invacare (IVC) Shares Cross Below Book Value

In trading on Friday, shares of Invacare Corp (IVC) crossed below their last reported book value — defined as common shareholder equity per share — of $20.79, changing hands as low as $20.47 per share. Invacare Corp shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of IVC shares, versus its 50 and 200 day moving averages:

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Invacare Corp Moving Averages Chart

Looking at the chart above, IVC's low point in its 52 week range is $10.26 per share, with $25.96 as the 52 week high point — that compares with a last trade of $20.60.

According to the ETF Finder at ETF Channel, IVC makes up 1.27% of the Dynamic Healthcare Sector Portfolio ETF ( PTH) which is trading lower by about 0.5% on the day Friday.

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