MetLife, MiMedx Group Fall into Friday's 52-Week Low Club

Investing

Published: July 6, 2018 4:04 pm

Last Updated: January 11, 2020 9:23 pm

July 6, 2018: Here are four stocks trading with heavy volume among 32 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 2.7 to 1 and on the Nasdaq, advancers led decliners by about 2.35 to 1.

Regulus Therapeutics Inc. (NASDAQ: RGLS) traded down 67% Friday to set a new 52-week low of $0.34 after closing Thursday at $0.73. The stock’s 52-week high is $1.52. Volume was more than 25 times the daily average of about 220,000 shares. The company announced a strategic update and restructuring after markets closed Thursday.

MagneGas Corp. (NASDAQ: MNGA) dropped about 5.7% Friday to post a new 52-week low of $0.33. Shares closed at $0.35 on Thursday and the stock’s 52-week high is $22.95. Volume totaled around 3.8 million shares was more than double the daily average. The company had no specific news.

MiMedx Group Inc. (NASDAQ: MDXG) fell about 7.7% Friday to post a new 52-week low of $3.47. Shares closed at $3.76 on Thursday. The 52-week high is $18.25. Volume of around 3.5 million was about 15% above the daily average. The company had no specific news.

MetLife Inc. (NYSE: MET) traded down about 1.1% Friday and posted a new 52-week low of $43.09 after closing Thursday at $43.56. The stock’s 52-week high is $55.91. Volume totaled around 2.4 million, less than half the daily average. The company had no specific news.

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