March 10, 2016: Here are four stocks trading with heavy volume among 45 equities making new 52-week lows in Thursday’s session.
J2 Global Inc. (NASDAQ: JCOM) posted a new 52-week low on Thursday. Shares traded at a low of $55.43, down about 22%, after closing at $70.99 on Wednesday. The stock’s 52-week high is $84.15. Volume totaled about 15 times the daily average of around 620,000 shares. The Internet services company was hammered following a blistering report from short seller Citron Research.
Unisys Corp. (NYSE: UIS) fell by about 8% on Thursday to post a new 52-week low of $7.33 against a high of $24.38. The stock closed at $7.97 on Wednesday night. Volume rose to nearly 9 million shares, about 15 times the daily average of about 600,000 shares traded. The priced a $190 million private convertible senior note offering late on Wednesday. The conversion price is about $9.76 per share, a premium of about 22.5% to last night’s closing price.
Endo International plc (NASDAQ: ENDP) dropped about 5.1% on Thursday to post a new 52-week low of $39.64 against a 52-week high of $96.58. The stock closed at $41.79 on Wednesday night. Volume rose to nearly 6.1 million shares, about 20% above the stock’s daily average volume of around 4.3 million. The company had no specific news.
RingCentral Inc. (NYSE: RNG) dropped by about 22% on Thursday to post a new 52-week low at $14.27 after closing at $18.25 on Wednesday. The stock’s 52-week high is $25.67. Share volume was nearly 4 times the daily average of around 730,000 shares traded. The software provider had no specific news.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. 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. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
