Dentsply, Newell Brands Plunge into Tuesday’s 52-Week Low Club
August 7, 2018 by Paul AusickAugust 7, 2018: Here are four stocks trading with heavy volume among 100 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 1.11 to 1 and on the Nasdaq, advancers led decliners by about 1.24 to 1.
Dentsply Sirona Inc. (NASDAQ: XRAY ) traded down nearly 20% Tuesday to set a new 52-week low of $38.83. Shares closed at $48.44 on Monday, and the 52-week high is $68.98. Volume was nearing 10 times the daily average of around 2.5 million. The maker of various dental products reported better-than-expected results this morning, but guidance sent investors rushing to the exits.
Newell Brands Inc. (NYSE: NWL) traded down about 4.9% Tuesday to post a new 52-week low of $21.65 after closing Monday at $22.76. The stock’s 52-week high is $51.40. Volume was about triple the daily average of about 6.2 million shares.
Barrick Gold Corp. (NYSE: ABX) traded down about 2.4% Tuesday and posted a new 52-week low of $10.75 after closing Monday at $11.01. The stock’s 52-week high is $18.35. Volume totaled around 11.7 million, about 35% above the daily average. A report on gold outflows from ETFs didn’t help miners today.
Dean Foods Co. (NYSE: DF) dropped about 14% Tuesday to set a new 52-week low of $8.11. Shares closed at $9.47 on Monday and the stock’s 52-week high is $12.85. Volume was more than seven times the daily average of around 1.2 million. The company beat estimates this morning but cut full-year guidance.
24/7 Wall St.Essential Tips for Investing: Sponsored
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.