The 52-Week Low Club for Tuesday

Photo of Paul Ausick
By Paul Ausick Updated Published

down market

Thinkstock
December 30, 2014: Here are four stocks among the 75 equities making new 52-week lows today. Volumes remain very low.

Civeo Corp. (NYSE: CVEO) posted a new 52-week — and all-time — low on Tuesday of $3.90. Based on Monday night’s closing price of $8.27 that’s a drop of nearly 53%. The stock’s 52-week high is $28.40. Volume is about a 24-times the daily average of around 2.2 million shares. The oilfield lodging provider cut estimates and suspended its dividend this morning.

Southwestern Energy Inc. (NYSE: SWN) dropped about 5.3% on Tuesday to post a new 52-week — and all-time — low of $27.25 after closing at $29.22 on Monday. The stock’s 52-week high is $49.16. Share volume is about 45% above the daily average of 7.1 million shares traded. The natural gas producer said this morning that capital spending will be higher in 2015.

Ultra Petroleum Corp. (NYSE: UPL) dropped about 3.7% Tuesday to establish a new 52-week low at $12.82 against a high of $31.43. Volume was 35% below the daily average of around 2.6million shares. The company had no news today.

Vivus Inc. (NASDAQ: VVUS) dropped about 4.9% Tuesday to post a new 52-week low of $2.72. The stock’s 52-week high is $9.80. Volume totaled nearly double the daily average of around 1.9 million shares. The company had no news today but is likely still feeling the effects of U.S. FDA approval for a competing diabetes drug last week.

ALSO READ: States Where People Live Longest

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

MGM Vol: 27,683,097
CDW
CDW Vol: 3,240,293
DDOG Vol: 11,190,990
IT Vol: 2,031,591
DELL Vol: 20,848,965

Top Losing Stocks

FDX Vol: 2,399,340
CBOE Vol: 2,828,165
QCOM Vol: 21,186,645
CTRA Vol: 73,319,495
CEG Vol: 11,480,635