April 8, 2016: Here are four stocks trading with relatively heavy volume among 22 equities making new 52-week lows in Friday’s session. The day’s NYSE winners led losers by about 3-to-1. The ratio of winners to losers was just better than 1-to-1 on the Nasdaq.
Under Armour Inc. (NYSE: UA) posted a new 52-week low on Friday. Shares traded at a low of $42.49, down about 4.3%, after closing at $44.41 on Thursday. The stock’s 52-week high is $105.89. Volume totaled about 2.5 times the daily average of around 4 million shares. The company issued new shares on Friday in what was essentially a 2-for-1 stock split to existing shareholders.
aTyr Pharma Inc. (Nasdaq: LIFE) fell by about 5.3% on Friday to post a new 52-week low of $3.03 against a high of $28.29. The stock closed at $3.20 on Thursday night. Volume totaled  around 3.5 million shares, about 17 times the daily average. The company had no specific news on Friday.
H&R Block Inc. (NYSE: HRB) dropped about 2.2% on Friday to post a new 52-week low of $24.21 against a 52-week high of $37.53. The stock closed at $24.76 on Thursday night. Volume was about 10% below the stock’s daily average volume of around 3.4 million. The tax preparation company had no specific news on Friday, yet the stock continues to slide.
SeaChange International Inc. (NASDAQ: SEAC) dropped about 33% on Friday to post a new 52-week low at $3.75 after closing at $5.56 on Thursday. The stock’s 52-week high is $7.93. Share volume of around 2 million was about 16 times the daily average of about 200,000 shares traded. The company replaced its CEO after posting a net loss for the 2016 fiscal year.
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
