RTI International Metals (RTI) Shares Cross Below Book Value

In trading on Thursday, shares of RTI International Metals, Inc. ( RTI) crossed below their last reported book value — defined as common shareholder equity per share — of $25.03, changing hands as low as $24.77 per share. RTI International Metals, Inc. shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of RTI shares, versus its 50 and 200 day moving averages:

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RTI International Metals, Inc. Moving Averages Chart

Looking at the chart above, RTI's low point in its 52 week range is $23.99 per share, with $36.09 as the 52 week high point — that compares with a last trade of $24.79.

According to the ETF Finder at ETF Channel, RTI makes up 3.95% of the Rare Earth/Strategic Metals ETF ( REMX) which is trading lower by about 1% on the day Thursday.

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