RTI Crosses Below Key Price/Book Valuation Level

In trading on Wednesday, shares of RTI International Metals, Inc. (RTI) crossed below their last reported book value — defined as common shareholder equity per share — of $25.44, changing hands as low as $24.97 per share. RTI International Metals, Inc. shares are currently trading down about 1.1% 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 $25.61.

According to the ETF Finder at ETF Channel, RTI makes up 4.51% of the Rare Earth/Strategic Metals ETF ( REMX) which is trading higher by about 0.6% on the day Wednesday.

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