Electro Scientific Industries (ESIO) Shares Cross Below Book Value

In trading on Wednesday, shares of Electro Scientific Industries, Inc. (ESIO) crossed below their last reported book value — defined as common shareholder equity per share — of $6.68, changing hands as low as $6.67 per share. Electro Scientific Industries, Inc. shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of ESIO shares, versus its 50 and 200 day moving averages:

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Electro Scientific Industries, Inc. Moving Averages Chart

Looking at the chart above, ESIO's low point in its 52 week range is $5.96 per share, with $11.45 as the 52 week high point — that compares with a last trade of $6.85.

According to the ETF Finder at ETF Channel, ESIO makes up 5.27% of the Vanguard Small-Cap ETF ( VB) which is trading lower by about 0.6% on the day Wednesday.

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