Silver Bay Realty Trust (SBY) Shares Cross Below Book Value

In trading on Monday, shares of Silver Bay Realty Trust Corp ( SBY) crossed below their last reported book value — defined as common shareholder equity per share — of $15.22, changing hands as low as $15.19 per share. Silver Bay Realty Trust Corp shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of SBY shares, versus its 50 and 200 day moving averages:

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Silver Bay Realty Trust Corp Moving Averages Chart

Looking at the chart above, SBY's low point in its 52 week range is $15.03 per share, with $17.10 as the 52 week high point — that compares with a last trade of $15.24.

SBY makes up 1.19% of the SPDR Russell 2000 Low Volatility ETF ( SMLV)

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