Brookline Bancorp (BRKL) Shares Cross Below Book Value

In trading on Monday, shares of Brookline Bancorp Inc ( BRKL) crossed below their last reported book value — defined as common shareholder equity per share — of $8.71, changing hands as low as $8.66 per share. Brookline Bancorp Inc shares are currently trading down about 2.7% on the day. The chart below shows the one year performance of BRKL shares, versus its 50 and 200 day moving averages:

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Brookline Bancorp Inc  Moving Averages Chart

Looking at the chart above, BRKL's low point in its 52 week range is $8.21 per share, with $10.10 as the 52 week high point — that compares with a last trade of $8.66.

According to the ETF Finder at ETF Channel, BRKL makes up 1.46% of the KBW Regional Banking Portfolio ETF ( KBWR) which is trading lower by about 3.9% on the day Monday.

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