Hain Celestial, Smith & Wesson in Monday's 52-Week Low Club

Investing

Published: February 13, 2017 4:04 pm

Last Updated: January 12, 2020 2:52 pm

February 13, 2017: Here are four stocks trading with relatively heavy volume among 29 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners about 3 to 2 and on the Nasdaq advancers led decliners by about 4 to 3.

The Hain Celestial Group Inc. (NASDAQ: HAIN) dropped nearly 15% Monday to post a new 52-week low of $32.87 after closing Friday at $38.53. The 52-week high is $56.99. Volume of about 10 million was around 9 times the daily average of around 1.3 million shares traded. The healthy and organic food processor has once again delayed its SEC filing.

Cobalt International Energy Inc. (NYSE: CIE) dropped 9.9% Monday, to post a new 52-week low of $0.73 after closing at $0.81 on Friday. The stock’s 52-week high is $3.81. Volume was nearly double the daily average of around 5 million shares. The U.S. Department of Justice last week announced an investigation into the company’s operations in Angola.

Tidewater Inc. (NYSE: TDW) dropped about 11% Monday, to post a new 52-week low of $1.29 after closing at $1.45 on Friday. The stock’s 52-week high is $11.58. Volume was more than 10% above the daily average of around 2.5 million shares. The company had no specific news Monday, but last week warned of a possible restructuring.

American Outdoor Brands Corp. (NASDAQ: AOBC) dropped about 6.3% on Monday to record a new 52-week low of $18.81. The stock closed at $20.07 on Friday. Volume was about 15% higher than the daily average of around 1.9 million shares. The maker of Smith & Wesson handguns had no specific news, but there has been bad news lurking for gunmakers.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.