The 52-Week Low Club for Thursday

Investing

Published: September 17, 2015 4:04 pm

Last Updated: April 28, 2020 6:43 am

September 17, 2015: Here are four stocks trading with heavy volume among 38 equities making new 52-week lows today.

Terex Corp. (NYSE: TEX) posted a new 52-week low on Thursday. Shares dropped about 8.8% to a low of $18.88 from Wednesday’s closing price of $20.70. The stock’s 52-week high is $33.39. Volume was about 25% above the daily average of around 2.4 million. The company, which is merging with a Finnish company, took a hit following lower guidance from Finland’s Konecranes.

Triangle Petroleum Corp. (NYSEMKT: TPLM) dropped more than 13% on Thursday to post a new 52-week low at $2.09 after closing at $2.41 on Wednesday. The stock’s 52-week high is $11.85. Share volume was about 50% higher than the daily average of around 1.3 million. The oil and gas E&P company had no specific news today.

Clarcor Corp. (NYSE: CLC) dropped nearly 16% on Thursday to post a new 52-week low of $46.79 against a 52-week high of $98.72. The stock closed at $55.64 on Wednesday night. Volume is nearly 10 times the daily average of around 230,000 shares traded. The provider of filtration products and services missed earnings and revenue estimates this morning, and lowered guidance into the bargain.

Raptor Pharmaceuticals Inc. (NASDAQ: RPTP) dropped about 5.6% on Thursday to set a new 52-week low of $6.60 after closing at $6.99 on Wednesday. The stock’s 52-week high is $16.28. Share volume is 75% higher than the daily average of around 1.5 million. The company had no specific news today, though it still continues to get hurt by the failure of a drug trial that was reported earlier this week.

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