Investing

Avon Products, Globalstar Drop into Tuesday's 52-Week Low Club

June 12, 2018: Here are four stocks trading with heavy volume among 41 equities making new 52-week lows in Tuesday’s session. On the NYSE decliners led advancers by about 1.01 to 1 and on the Nasdaq, advancers led decliners by about 1.2 to 1.

Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 6% Tuesday and posted a new 52-week low of $0.47 after closing Monday at $0.50. The stock’s 52-week high is $2.30. Volume totaled about 4.3 million, about 20% below the daily average of around  5.4 million. The company had no specific news.

Harmony Gold Mining Co. (NYSE: HMY) fell 1.9% Tuesday to match a 52-week low of $1.56 set Monday. Shares closed at $1.59 yesterday. The 52-week high is $2.53. Volume of around 4 million was nearly 15% lower than the daily average of about 4.5 million. The company had no specific news.

Avon Products Inc. (NYSE: AVP) traded down about 1.9% Tuesday to post a new 52-week low of $1.55 after closing Monday at $1.58. The stock’s 52-week high is $3.89. Volume was nearly 20% below the daily average of around 4.8 million shares. The company had no specific news.

New Gold Inc. (NYSEAMERICAN: NGD) dropped about 1.9% Tuesday to post a new 52-week low of $2.09. Shares closed at $2.13 on Monday and the stock’s 52-week high is $4.25. The junior gold miner had no specific news.

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