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:

START SLIDESHOW:
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 $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.

If you liked this article you might like

Look Beyond Alcoa's Earnings Release Wednesday, Cramer Says

Look Beyond Alcoa's Earnings Release Wednesday, Cramer Says

Cramer: Wait on Buying Alcoa Until Its RTI Deal Closes

Cramer: Wait on Buying Alcoa Until Its RTI Deal Closes

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

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

Why Alcoa Is Trading Tinfoil and Siding for Airplanes and Spaceships