Investing

The 52-Week Low Club for Thursday

down market
Source: Thinkstock
October 23, 2014: Here are four stocks among the 62 equities making new 52-week lows today.

Allied Nevada Gold Corp. (NYSEMKT: ANV) dropped about 4.3% today to post a new 52-week low of $2.25. The stock’s 52-week high is $6.70. Gold dropped 1.3% today, and we could have picked almost any of the gold mining companies for today’s list. Trading volume is about 40% below the daily average of around 2.7 million shares traded.

Cabela’s Inc. (NYSE: CAB) dropped about 16% on Thursday to a new 52-week low of $48.75 after closing at $57.94 on Wednesday evening. Share volume is more than 8-times the daily average of around 825,000. The sporting goods retailer missed estimates this morning and same-store sales fell 11% year-over-year.

Cosan Ltd. (NYSE: CZZ) posted a drop of 3.4% today to post a new 52-week low of $9.65 against a 52-week high of $16.26. Volume is more than double the daily average of around 1.4 million shares. The Brazil-based ethanol maker had no news today, but continue to trade below $2 a gallon in the U.S..

Proto Labs Inc. (NYSE: PRLB) sank to a new 52-week low on Thursday of $54.97. Based on Wednesday night’s closing price of $69.37 that’s a drop of about 21%. The stock’s 52-week high is $94.23. Trading volume is approaching 10-times the daily average of around 290,000 shares. The prototyping service missed estimates this morning and its 3D printing service revenue from its Fineline acquisition totaled $3.4 million, up 38% for Fineline before the April 2014 acquisition.

ALSO READ: America’s Poorest Cities

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.