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Investing

The 52-Week Low Club for Thursday

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By Paul Ausick Updated Published
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May 14, 2015: Here are four stocks among the 38 equities making new 52-week lows today.

Avon Products Inc. (NYSE: AVP) dropped about 1.8% on Thursday to post a new 52-week low of $6.55 after closing at $6.67 on Wednesday. The stock’s 52-week high is $15.10. Share volume was nearly 5-times the daily average of around 13.3 million shares traded. The company was the victim of a hoax buyout offer reported just before noon Thursday.

Frontier Communications Inc. (NASDAQ: FTR) dropped about 2.4% on Thursday to post a new 52-week low of $5.33 against a 52-week high of $8.46. The stock closed at $5.46 on Wednesday night. Volume was about 35% above the daily average of around 10 million shares. The communications company had no specific news today.

Harley-Davidson Inc. (NYSE: HOG) posted a new 52-week low on Thursday. Shares dropped 4.9% to $53.04 from Wednesday’s closing price of $55.80. The stock’s 52-week high is $73.55. Volume was nearly 3-times the daily average of around 2.3 million shares. The motorcycle maker had no specific news today.

Kandi Technologies Group Inc. (NASDAQ: KNDI) dropped more than 19% on Thursday to post a new 52-week low of $8.52 after closing at $10.56 on Wednesday. The stock’s 52-week high is $22.49. Share volume was nearly 7-times the daily average of around 740,000 shares traded. The China-based maker of electric cars had no news today.

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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.

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