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:

Click here to find out which 9 other stocks recently crossed below their book value »

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.

If you liked this article you might like

Look Beyond Alcoa's Earnings Release Wednesday, Cramer Says

Cramer: Wait on Buying Alcoa Until Its RTI Deal Closes

Cramer: You Won't Get a Pop in Alcoa Until After RTI Deal Closes

Trade-Ideas: RTI International Metals (RTI) Is Today's Strong And Under The Radar Stock

Why Alcoa Is Trading Tinfoil and Siding for Airplanes and Spaceships