PJC Crosses Below Key Price/Book Valuation Level
January 14, 2015 at 13:41 PM EST
In trading on Wednesday, shares of Piper Jaffray Companies (PJC) crossed below their last reported book value defined as common shareholder equity per share of $53.26, changing hands as low as $52.91 per share. Piper Jaffray Companies shares are currently trading down about 4.5% on the day..