ORI Falls to Levels Below Book Value

In trading on Tuesday, shares of Old Republic International Corp. (ORI) crossed below their last reported book value — defined as common shareholder equity per share — of $14.29, changing hands as low as $14.20 per share. Old Republic International Corp. shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of ORI shares, versus its 50 and 200 day moving averages:

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Old Republic International Corp. Moving Averages Chart

Looking at the chart above, ORI's low point in its 52 week range is $11.44 per share, with $17.45 as the 52 week high point — that compares with a last trade of $14.64.

ORI makes up 2.63% of the First Trust High Income ETF ( FTHI)

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