The 52-Week Low Club for Monday

down market
Source: Thinkstock
November 24, 2014: Here are four stocks among the 62 equities making new 52-week lows today.

Freshpet Inc. (NASDAQ: FRPT) dropped about 3.4% today to post a new post-IPO low of $16.61. The stock’s high is $20.45 since it came public on November 7th at $15.00. Volume is about 70% below the daily average of around 1.3 million shares. The company had no specific news today.

Jumei International Holding Ltd. (NYSE: JMEI) dropped less than 1% on Monday to post a new post-IPO low of $18.00 after closing at $18.13 on Friday evening. The stock’s post-IPO high is $39.45. Share volume is about 40% below the 1 million daily average shares traded. The e-commerce company came public in May at an IPO price of $22.00.

Solazyme Inc. (NASDAQ: SZYM) posted a drop of about 5.8% today to post a third-consecutive new 52-week — and all-time — low of $2.60 against a 52-week high of $15.00. Volume is about equal to the daily average of around 1.8 million shares. The biofuels maker announced last Thursday that the chairman of the board’s audit committee will resign by the end of the year, and the after-effects are still hitting the stock price.

Wesco Aircraft Holdings Inc. (NYSE: WAIR) posted a new 52-week low on Monday of $13.78. Based on Friday night’s closing price of $13.98 that’s a drop of about 1.4%. The stock’s 52-week high is $23.10. Trading volume is about 3-times the daily average of around 390,000 shares. The airplane parts maker missed estimates last week and BofA downgraded the stock from Buy to Hold on Monday.

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