Investing

The 52-Week Low Club for Thursday

down market
Thinkstock
February 26, 2015: Here are four stocks among the 41 equities making new 52-week lows today.

Ensco plc (NYSE: ESV) dropped about 9.1% on Thursday to establish a new 52-week low at $24.160 against a high of $55.89. Volume was about double the daily average of around 5.8 million shares. The offshore oil & gas drilling contractor reported weak results this morning.

CenterPoint Energy Inc. (NYSE: CNP) posted a new 52-week low on Thursday. Shares dropped about 3.4% to $20.83 from Wednesday’s closing price of $21.57. The stock’s 52-week high is $54.00 Volume is about 25% higher than the daily average of around 4 million shares. Another utility that has posted disappointing results.

Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) dropped about 5.6% on Thursday to post a new 52-week low of $46.85 after closing at $49.63 on Wednesday. The stock’s 52-week high is $124.42 Share volume was nearly double the daily average of around 2.3 million shares traded. The China-based Internet and mobile services company had no specific news again today, but still suffers from lowered earnings estimates and a stock downgrade.

Abercrombie & Fitch Co. (NYSE: ANF) dropped about 7% on Thursday to post a new 52-week low of $23.12 after closing at $24.86 on Wednesday. The stock’s 52-week high is $45.50. Share volume was nearly 60% above the daily average of around 2.5 million shares traded. The teen retailer is fighting a case in the U.S. Supreme Court and took a ratings cut as well this morning.

ALSO READ: Cities Where Crime Is Plummeting

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.