In trading on Monday, shares of Triangle Petroleum Corp (TPLM) crossed below their last reported book value — defined as common shareholder equity per share — of $4.89, changing hands as low as $4.84 per share. Triangle Petroleum Corp shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of TPLM shares, versus its 50 and 200 day moving averages:Looking at the chart above, TPLM's low point in its 52 week range is $3.10 per share, with $12.48 as the 52 week high point — that compares with a last trade of $5.11. According to the ETF Finder at ETF Channel, TPLM makes up 1.21% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP) which is trading up by about 0.5% on the day Monday.
More from Stocks
Jim Cramer: A Cold War With China Is Worth Avoiding
I wish I could say buy this dip. But the dip is one that's not necessarily going to have an ending today.
Apple Gets Hit on Trump's Tweet Telling U.S. Firms Not to Make Goods in China
Apple is 'aggressively' looking to shift its supply chain away from China as a result of the trade tensions, according to an analyst.