SpartanNash (SPTN) Shares Cross Below Book Value

In trading on Tuesday, shares of SpartanNash Co. (SPTN) crossed below their last reported book value — defined as common shareholder equity per share — of $19.43, changing hands as low as $19.42 per share. SpartanNash Co. shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of SPTN shares, versus its 50 and 200 day moving averages:

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SpartanNash Co. Moving Averages Chart

Looking at the chart above, SPTN's low point in its 52 week range is $19.42 per share, with $25.74 as the 52 week high point — that compares with a last trade of $19.45.

According to the ETF Finder at ETF Channel, SPTN makes up 2.54% of the PowerShares Dynamic Retail Portfolio ETF ( PMR) which is trading lower by about 1.4% on the day Tuesday.

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