Hudson City Bancorp (HCBK) Shares Cross Below Book Value

In trading on Monday, shares of Hudson City Bancorp Inc ( HCBK) crossed below their last reported book value — defined as common shareholder equity per share — of $8.87, changing hands as low as $8.81 per share. Hudson City Bancorp Inc shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of HCBK 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 »

Hudson City Bancorp Inc Moving Averages Chart

Looking at the chart above, HCBK's low point in its 52 week range is $7.67 per share, with $9.79 as the 52 week high point — that compares with a last trade of $8.81.

HCBK makes up 2.08% of the SPDR S&P Mortgage Finance ETF ( KME)

If you liked this article you might like

For Banks, Era of 'Too Big to Fail' Is Also Era of 'Too Small to Succeed'

For Banks, Era of 'Too Big to Fail' Is Also Era of 'Too Small to Succeed'

4 Stocks With Most Elite Dividend-Grower Status

4 Stocks With Most Elite Dividend-Grower Status

Hudson City (HCBK) Stock Falls After M&T Bank Merger Wins Fed Approval

Hudson City (HCBK) Stock Falls After M&T Bank Merger Wins Fed Approval

Hudson City Bancorp (HCBK) Stocks Falls After Fed Approves M&T Bank Merger

Hudson City Bancorp (HCBK) Stocks Falls After Fed Approves M&T Bank Merger

Hudson City Bancorp (HCBK) Stock Up After Fed Approves M&T Bank Acquisition

Hudson City Bancorp (HCBK) Stock Up After Fed Approves M&T Bank Acquisition