Investing
BRF, Rubicon Project Dip into Friday's 52-Week Low Club
Published:
Last Updated:
March 17, 2017: Here are four stocks trading with relatively heavy volume among 32 equities making new 52-week lows in Friday’s session. On the NYSE, advancers led decliners by about 3 to 2 and on the Nasdaq advancers led decliners by nearly the same margin.
BRF SA (NYSE: BRFS) posted a new 52-week low of $11.77 on Friday, down about 15.5% compared with Thursday’s closing price of $12.80. The stock’s 52-week high is $18.12. Volume was more than 4 times the daily average of around 1.6 million shares. The Brazil-based pork and poultry producer was raided by police investigating allegations of bribery of food inspectors and politicians.
Rubicon Project Inc. (NYSE: RUBI) dropped about 1.9% Friday, to post a new 52-week low of $5.65 after closing at $5.76 on Thursday. The stock’s 52-week high is $20.37. Volume was nearly 4 times the daily average of around 740,000 shares. The company had no specific news.
Nordic American Offshore Ltd. (NYSE: NAO) dropped about 2.8% Friday, to post a new 52-week low of $1.05 after closing at $1.08 on Thursday. The stock’s 52-week high is $5.69. Volume was about 4 times the daily average of around 490,000 shares. The company had no specific news.
BioAmber Inc. (NYSE: BIOA) dropped nearly 29% Friday to post a new 52-week low of $2.24 after closing Thursday at $3.14. Volume of more than 1.5 million shares was about 6 times the daily average of around 240,000. The company’s annual report, filed on Thursday with its quarterly results, included a “going concern” statement from the company’s independent auditing firm.
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
