American Equity Investment Life Holding (AEL) Shares Cross Below Book Value

In trading on Monday, shares of American Equity Investment Life Holding Co ( AEL) crossed below their last reported book value — defined as common shareholder equity per share — of $21.55, changing hands as low as $21.40 per share. American Equity Investment Life Holding Co shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of AEL shares, versus its 50 and 200 day moving averages:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their book value »

American Equity Investment Life Holding Co Moving Averages Chart

Looking at the chart above, AEL's low point in its 52 week range is $13.23 per share, with $26.46 as the 52 week high point — that compares with a last trade of $21.44.

According to the ETF Finder at ETF Channel, AEL makes up 1.33% of the Dynamic Financial Sector Portfolio ETF ( PFI) which is trading lower by about 3% on the day Monday.

If you liked this article you might like

Many Happy Returns from These Small-Cap Dividend Growers

American Equity (AEL) Stock Upgraded at JPMorgan

Analysts' Actions -- BorgWarner, Harley-Davidson, Tyson, Walmart and More

5 Stocks to Sell in May Before They Destroy Your Portfolio

My 'Small-Cap Dividend Growers' Portfolio Is Up 4.4% in 4 Months

My 'Small-Cap Dividend Growers' Portfolio Is Up 4.4% in 4 Months