Brookline Bancorp (BRKL) Shares Cross Below Book Value

In trading on Friday, shares of Brookline Bancorp Inc (BRKL) crossed below their last reported book value — defined as common shareholder equity per share — of $8.89, changing hands as low as $8.87 per share. Brookline Bancorp Inc shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of BRKL shares, versus its 50 and 200 day moving averages:

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Brookline Bancorp Inc  Moving Averages Chart

Looking at the chart above, BRKL's low point in its 52 week range is $8.55 per share, with $9.90 as the 52 week high point — that compares with a last trade of $8.86.

According to the ETF Finder at ETF Channel, BRKL makes up 1.48% of the Proshares Ultra KBW Regional Banking ETF ( KRU) which is trading lower by about 3.1% on the day Friday.

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