HERO Crosses Below Key Price/Book Valuation Level
January 16, 2014 at 12:58 PM EST
In trading on Thursday, shares of Hercules Offshore Inc (HERO) crossed below their last reported book value defined as common shareholder equity per share of $5.77, changing hands as low as $5.76 per share. Hercules Offshore Inc shares are currently trading down about 1.7% on the day.
