Source: Thinkstock
Caterpillar Inc. (NYSE: CAT) posted a new 52-week low on Friday of $83.04. Based on Thursday night’s closing price of $84.32 that’s a drop of about 1.5%. The stock’s 52-week high is $111.46. Volume is 15% above the daily average of around 5.3 million shares. Caterpillar collected a couple of negative comments today based on demand for its products from the energy sector.
Credit Suisse Group AG (NYSE: CS) dropped about 8.7% on Friday to post a new 52-week low of $21.75. The stock’s 52-week high is $33.23. Volume was was about 3-times the daily average of 1.1 million shares. The big bank has been battered by the drop in the Swiss franc.
Precision Castparts Corp. (NYSE: PCP) dropped more than 15% on Friday to establish a new 52-week low at $186.17 against a high of $275.09. Volume was roughly 10-times the daily average of around 900,000 shares. The company released weak preliminary results today as the impact of the crude price crash spreads.
United States Steel Corp. (NYSE: X) dropped about 0.6% on Friday to post a new 52-week low of $21.47 after closing at $21.61 on Thursday. The stock’s 52-week high is $46.55. Share volume is 25% below the daily average of around 7.4 million shares traded. Citigroup cut its forecast for iron ore earlier this week and the impact on U.S. Steel is still not over.
ALSO READ: America’s Best Run Companies
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
