DX Falls to Levels Below Book Value

In trading on Thursday, shares of Dynex Capital, Inc. (DX) crossed below their last reported book value — defined as common shareholder equity per share — of $8.77, changing hands as low as $8.74 per share. Dynex Capital, Inc. shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of DX shares, versus its 50 and 200 day moving averages:

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Dynex Capital, Inc. Moving Averages Chart

Looking at the chart above, DX's low point in its 52 week range is $7.71 per share, with $11.04 as the 52 week high point — that compares with a last trade of $8.83.

According to the ETF Finder at ETF Channel, DX makes up 1.08% of the Mortgage REIT Income ETF ( MORT) which is trading lower by about 0.3% on the day Thursday.

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