Harmony Gold, MiMedx Slink into Thursday’s 52-Week Low Club
Harmony Gold, MiMedx Group, Berry Group, and Parker Drilling all set new or matched existing 52-week lows Thursday.
June 14, 2018: Here are four stocks trading with heavy volume among 55 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by about 1.31 to 1 and on the Nasdaq, advancers led decliners by about 1.32 to 1.
Harmony Gold Mining Co. (NYSE: HMY) fell 3.7% Thursday to match a 52-week low of $1.56 set Monday and equaled on both Tuesday and Wednesday. Shares closed at $1.62 yesterday. The 52-week high is $2.53. Volume of around 5.2 million was almost 20% higher than the daily average of about 4.5 million. The company had no specific news.
MiMedx Group Inc. (NASDAQ: MDXG) traded down about 10% Thursday and posted a new 52-week low of $4.95 after closing Wednesday at $5.50. The stock’s 52-week high is $18.25. Volume totaled over 3 million, 15% above the daily average of around 2.6 million. The company had no specific news.
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Berry Global Group Inc. (NYSE: BERY) traded down about 1.4% Thursday to post a new 52-week low of $45.70 after closing Wednesday at $46.37. The stock’s 52-week high is $61.71. Volume was nearly 25% above the daily average of around 1.4 million shares. The company had no specific news.
Parker Drilling Co. (NYSE: PKD) dropped about 5.4% Thursday to post a new 52-week low of $0.35. Shares closed at $0.37 on Wednesday and the stock’s 52-week high is $1.44. 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.
