Approach Resources (AREX) Shares Cross Below Book Value
August 05, 2014 at 13:16 PM EDT
In trading on Tuesday, shares of Approach Resources Inc (AREX) crossed below their last reported book value defined as common shareholder equity per share of $18.18, changing hands as low as $17.75 per share. Approach Resources Inc shares are currently trading down about 12.8% on the day..