Investing

The 52-Week Low Club for Wednesday

December 30, 2015: Here are four stocks trading with heavy volume among 42 equities making new 52-week lows today.

SeaDrill Ltd. (NYSE: SDRL) dropped about 6.9% on Wednesday to post a new 52-week low of $3.39 against a 52-week high of $15.44. The stock closed at $3.64 on Tuesday night. Volume reached about 6.3 million shares, roughly two-thirds of the stock’s daily average volume. The offshore drilling company had no specific news today.

WPX Energy Inc. (NYSE: WPX) dropped about 4.2% on Wednesday to post a new 52-week low at $5.03 after closing at $5.25 on Tuesday. The stock’s 52-week high is $14.65. Share volume of about 4.2 million was about half the daily average of around 8.5 million shares traded. The independent oil & gas producer had no specific news today, but this is stock’s second consecutive day on our list.

Energen Corp. (NYSE: EGN) slipped about 5.8% on Wednesday to post a new 52-week low of $39.99 against a high of $77.12. The stock closed at $42.44 on Tuesday night. Volume rose to around 1.1 million, about 10% higher than the daily average of around 970,000 shares traded. Another independent oil & gas producer hit by the today’s tumbling oil price.

SM Energy Co. (NYSE: SM) posted a new low on Wednesday. Shares dropped about 3.9% to a low of $18.19 from Tuesday’s closing price of $18.92. The stock’s 52-week high is $60.28. Volume was about 10% lower than the daily average of around 2.4 million shares. Another independent oil & gas producer that got nailed today.

ALSO READ: 25 Worst Countries to Live in the World

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

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.