BHE Falls to Levels Below Book Value

In trading on Thursday, shares of Benchmark Electronics, Inc. ( BHE) crossed below their last reported book value — defined as common shareholder equity per share — of $22.80, changing hands as low as $22.69 per share. Benchmark Electronics, Inc. shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of BHE shares, versus its 50 and 200 day moving averages:

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Benchmark Electronics, Inc. Moving Averages Chart

Looking at the chart above, BHE's low point in its 52 week range is $16.08 per share, with $24.64 as the 52 week high point — that compares with a last trade of $22.73.

According to the ETF Finder at ETF Channel, BHE makes up 2.84% of the First Trust NASDAQ CEA Smartphone Index Fund ETF ( FONE) which is trading lower by about 0.1% on the day Thursday.

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