AEL Crosses Below Key Price/Book Valuation Level

In trading on Tuesday, 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 $21.41 per share. American Equity Investment Life Holding Co shares are currently trading down about 0.7% 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 $13.53 per share, with $26.46 as the 52 week high point — that compares with a last trade of $21.55.

According to the ETF Finder at ETF Channel, AEL makes up 1.09% of the DWA Financial Momentum Portfolio ETF ( PFI) which is trading higher by about 0.1% on the day Tuesday.

More from Stocks

18 Auto Stocks Trump Just Ran Over With His Tariff Plan

18 Auto Stocks Trump Just Ran Over With His Tariff Plan

Tesla's Battery Tech Is Unrivaled

Tesla's Battery Tech Is Unrivaled

Future of Fast Food: Wendy's CEO Dishes

Future of Fast Food: Wendy's CEO Dishes

6 Tech Stocks Hurting The Most From China Trade War Fears

6 Tech Stocks Hurting The Most From China Trade War Fears

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists