Eagle Rock Energy Partners (EROC) Shares Cross Below Book Value

In trading on Friday, shares of Eagle Rock Energy Partners LP (EROC) crossed below their last reported book value — defined as common shareholder equity per share — of $4.79, changing hands as low as $4.78 per share. Eagle Rock Energy Partners LP shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of EROC shares, versus its 50 and 200 day moving averages:

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Eagle Rock Energy Partners LP Moving Averages Chart

Looking at the chart above, EROC's low point in its 52 week range is $4.78 per share, with $10.52 as the 52 week high point — that compares with a last trade of $4.96.

According to the ETF Finder at ETF Channel, EROC makes up 2.11% of the Junior MLP ETF ( MLPJ) which is trading lower by about 0.4% on the day Friday.

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