Investing

Skechers, Tobira Top Monday's 52-Week Low Club

July 25, 2016: Here are four stocks trading with heavy volume among 18 equities making new 52-week lows in Monday’s session. NYSE decliners led advancers by about 2 to 1 and Nasdaq decliners led advancers by about 5 to 4.

Skechers U.S.A. Inc. (NYSE: SKX) lost nearly 3.6% Monday to post a new 52-week low of $24.10 versus a high of $54.53 after closing Friday at $24.99. Volume totaled nearly 8 million shares, more than double the daily average of nearly 3 million shares. The sneaker company had no specific news Monday.

Tobira Therapeutics Inc. (NASDAQ: TBRA) dropped about 61% on Monday to post a new 52-week low of $4.40 against a 52-week high of $15.63. Volume of around 3 million was nearly 30 times the daily average of around 80,000. The stock closed at $11.25 on Friday night. The company reported that a phase IIb trial of a liver disease treatment failed to meet its primary endpoint.
Cameco Corp. (NYSE: CCJ) slipped 1.9% on Monday to post a new 52-week low of $10.15 after closing at $10.35 on Friday. The stock’s 52-week high is $14.79. Volume was 35% below the daily average of around 1.6 million shares. The Canada-based miner had no specific news, but low uranium prices continue to plague the company.

Ziopharm Oncology Inc. (NASDAQ: ZIOP) fell by around 1% on Monday to post a new 52-week low of $4.45 against a high of $14.93. The stock closed at $4.49 on Friday night. Volume was less than half the stock’s daily average of around 2.6 million. The company had no specific news Monday.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.