MHLD Crosses Below Key Price/Book Valuation Level

In trading on Tuesday, shares of Maiden Holdings Ltd ( MHLD) crossed below their last reported book value — defined as common shareholder equity per share — of $11.47, changing hands as low as $11.29 per share. Maiden Holdings Ltd shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of MHLD shares, versus its 50 and 200 day moving averages:

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Maiden Holdings Ltd Moving Averages Chart

Looking at the chart above, MHLD's low point in its 52 week range is $10.36 per share, with $13.48 as the 52 week high point — that compares with a last trade of $11.38.

According to the ETF Finder at ETF Channel, MHLD makes up 1.75% of the PowerShares International Dividend Achievers Portfolio ETF ( PID) which is trading up by about 0.1% on the day Tuesday.

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