Investing

Community Health, Frontier Communications Dive Friday's 52-Week Low Club

Geerati / Getty Images

June 29, 2018: Here are four stocks trading with heavy volume among 96 equities making new 52-week lows in Friday’s session. On the NYSE advancers led decliners by about 1.4 to 1 and on the Nasdaq, advancers led decliners by about 1.19 to 1.

Community Health Systems plc(NYSE: CYH) traded down about 11.6% Friday to post a new 52-week low of $3.28 after closing Thursday at $3.71. The stock’s 52-week high is $10.16. Volume was more than 3 times the daily average of around 2.2 million shares. The company priced a new offering of senior secured notes after markets closed Thursday.

Frontier Communications Corp. ) fell about 3.4% Friday to post a new 52-week low of $5.09. Shares closed at $5.27 on Thursday. The 52-week high is $18.30. Volume of around 3.7 million was slightly above the daily average. The company had no specific news.

Liberty Global plc (NASDAQ: LBTYK) dropped about 3% Friday to post a new 52-week low of $26.08. Shares closed at $26.91 on Thursday and the stock’s 52-week high is $37.86. Volume totaled about 3 million shares, about 10% below the daily average. The company had no specific news.

BRFS SA (NYSE: BRFS) traded down about 0.6% Friday and posted a new 52-week low of $4.65 after closing Thursday at $4.68. The stock’s 52-week high is $15.50. Volume totaled about 4.3 million, roughly 35% higher than the daily average. The Brazilian food company plans to sell $130 million worth of assets to cut debt.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.