Comcast, General Electric Dip into Tuesday’s 52-Week Low Club
General Electric, Comcast, CVS Health, and Eldorado Gold were among stock's posting a new 52-week low Tuesday.
March 20, 2018: Here are four stocks trading with heavy volume among 132equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 3 to 2 and on the Nasdaq, decliners led advancers by about 9 to 5.
General Electric Co. (NYSE: GE) traded down about 3.2% Tuesday and posted a new 52-week low of $13.62 after closing Monday at $14.07. The stock’s 52-week high is $30.54. Volume was around 71 million, about 20% below the daily average. The company had no specific news.
Comcast Corp. (NASDAQ: CMCSA) traded down about 1.7% Tuesday and posted a new 52-week low of $34.71 after closing Monday at $35.30. The stock’s 52-week high is $44.00. Volume was about 40% below the daily average of around 25.5 million shares. The company had no specific news.
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CVX Health Corp. (NYSE: CVS) fell about 2.8% Tuesday to post a new 52-week low of $61.87 after closing at $63.63 on Monday. The 52-week high is $84.00. Volume of around 7.4 million was about 15% below the daily average. The company had no specific news.
Eldorado Gold Corp. (NYSE: EGO) dropped about 2% Tuesday to post a new 52-week low of $1.04. Shares closed at $1.06 on Monday and the stock’s 52-week high is $3.78. Volume was about 25% below the daily average of around 9.8 million shares. The company had no specific news.
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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.
