Investing

The 52-Week Low Club for Wednesday

down market
Source: Thinkstock
August 27, 2014: Among the 11 stocks making new 52-week lows today were the following three firms:

Ampio Pharmaceuticals Inc. (NYSEMKT: AMPE) dropped another 4.5% on Wednesday to post a new 52-week low of $4.65. The company’s shares dropped 24% last Thursday following a delay in a STEP study for its osteoarthritis drug, and the slide hasn’t stopped. Share volume is about 40% above the daily average of around 850,000. The stock’s 52-week high is $10.86.

Eclipse Resources Corp. (NYSE: ECR) slipped another 1.2% today, adding to a decline of about 3% on Monday and 2.4% yesterday to post another new 52-week low of $17.26 compared with the stock’s 52-week high of $27.18. The high was posted on Eclipse’s IPO date and the stock is down more than 32% since the June 20th IPO. Volume is again about half the daily average of around 1.4 million shares traded.

Titan Machinery Inc. (NASDAQ: TITN) dropped about 8.3% today to post a new 52-week low of $12.33. Volume is about 4-times the daily average of around 160,000 shares. The company had no news today other than announcing its second-quarter conference call for September 9th.. The company’s 52-week high is $20.40.

ALSO READ: Companies That Control the World’s Food

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

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