Resolute Energy (REN) Shares Cross Below Book Value

In trading on Monday, shares of Resolute Energy Corp ( REN) crossed below their last reported book value — defined as common shareholder equity per share — of $6.67, changing hands as low as $6.64 per share. Resolute Energy Corp shares are currently trading down about 5.9% on the day. The chart below shows the one year performance of REN shares, versus its 50 and 200 day moving averages:

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

Resolute Energy Corp Moving Averages Chart

Looking at the chart above, REN's low point in its 52 week range is $6.45 per share, with $10.97 as the 52 week high point — that compares with a last trade of $6.67.

According to the ETF Finder at ETF Channel, REN makes up 1.02% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP) which is trading lower by about 3.1% on the day Monday.

If you liked this article you might like

7 Potential New Targets for Activist Investor That Made a Killing on Whole Foods

Jana Partners Liquidates Whole Foods Stake After Engineering Industry-Transforming Sale To Amazon

Wall Street Doubles Down on Permian Players After EOG Resources' Massive Find

Cramer: We Need the FANGs to Bite on This Critical Day