The 52-Week Low Club for Tuesday

Photo of Paul Ausick
By Paul Ausick Updated Published

down market

Thinkstock
March 31, 2015: Here are four stocks among the 81 equities making new 52-week lows today.

Vale SA (NYSE: VALE) dropped about 4% on Tuesday to post a new 52-week low of $5.56 after closing at $5.79 on Monday. The stock’s 52-week high is $15.59. Share volume totaled about half the daily average of around 28.5 million shares traded. The Brazilian mining giant had no specific news today.

Peabody Energy Corp. (NYSE: BTU) dropped nearly 11% on Tuesday to post a new 52-week low of $4.76 against a 52-week high of $19.63. Shares closed at $5.34 Monday night. Volume was about 15% above the daily average of around 11.5 million shares. The coal mining company had no specific news either today, but a Bloomberg report today on the coal glut weighed on the miners.

Philip Morris International Inc. (NYSE: PM) posted a new 52-week low on Tuesday. Shares dropped about 1.8% to $75.50 from Monday’s closing price of $76.86. The stock’s 52-week high is $91.63. Volume is about 10% below the daily average of around 5.5 million shares. The maker of Marlboro cigarettes for the non-U.S. market could be facing profit concerns due to the the strong dollar..

Vaalco Energy Inc. (NYSE: EGY) dropped about 27% on Tuesday to post a new 52-week low of $2.28 after closing at $3.13 on Monday. The stock’s 52-week high is $9.67. Share volume was about 4-times the daily average of around 1.2 million shares traded. The oil and gas production firm reported that a new well offshore of Angola will be plugged and abandoned after it produced high water volumes.

ALSO READ: The Most Iconic Job in Each State

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

KMX Vol: 7,330,419
GLW Vol: 22,800,969
INTC Vol: 233,719,006
SMCI Vol: 68,465,534
ENPH Vol: 13,978,376

Top Losing Stocks

ACN Vol: 41,744,333
EPAM Vol: 5,636,587
CTSH Vol: 61,311,400
CTRA Vol: 73,319,495
KR Vol: 26,704,230