JC Penney, ProShares Trust Ultra VIX Short Term Futures ETF Among Stocks setting 52-Week Lows Tuesday

Published June 19, 2012

| FOXBusiness

These seven stocks fell to 52-week lows:

  • While trading on above-average volume, JC Penney (JCP) declined today, hitting and then dropping past its previous 52-week low to $21.57. While trading at a volume of 17 million, the stock price has fallen 10.1%. The stock is trading at 77.7% of its 50-day moving average and 65.3% of its 200-day moving average.

  • While trading on below-average volume, ProShares Trust Ultra VIX Short Term Futures ETF (UVXY) slipped today, hitting and then dropping past its previous 52-week low to $11.60. On volume of 9.6 million shares, the stock price is down 3.8%.

  • The share price of Mitsubishi UFJ Financial Group (MTU) slid today, reaching and then falling even farther past its previous 52-week low of $4.01 to $4.52. The stock was trading on below-average volume. The stock price has fallen 11.9% with a volume of 134,624. The stock is down over the last three months, having fallen $1.15 (-22.3%) from $5.15 on March 22, 2012. The stock has moved down across its 50-day moving average of $4.41 today.

  • While trading on below-average volume, Xerium Technologies (XRM) decreased today, hitting and then dropping past its previous 52-week low to $2.77. Trading at a volume of 48,764, the stock price is down 4.7%. The stock is trading at 72.6% of its 50-day moving average and 45% of its 200-day moving average.

  • The share price of ELEMENTS S&P Commodity Trends Indicator -- Total Return ETN (LSC) dipped today, reaching and then falling even farther past its previous 52-week low of $6.35 to $6.26. The stock was trading on below-average volume. Shares have fallen 1.7%, trading at a volume of 8,485. The stock has lost momentum over the last three months, losing 53 cents (-7.8%) from $6.79 on March 22, 2012. The stock is trading at 94.7% of its 50-day moving average and 91% of its 200-day moving average.

  • While trading on above-average volume, Alvarion (ALVR) fell today, hitting and then dropping past its previous 52-week low of 40 cents to 39 cents. While trading at a volume of 116,540, the stock price has fallen 1.3%. The stock is trading at 75.2% of its 50-day moving average and 48.2% of its 200-day moving average.

  • The share price of RADA Electronic Ind. (RADA) slipped today, reaching and then dropping even further past its previous 52-week low of $1.14 to $1.10. The stock was trading on above-average volume. Shares are down 4.3% and trading at a volume of 4,000.

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http://www.foxbusiness.com/markets/2012/06/19/jc-penney-proshares-trust-ultra-vix-short-term-futures-etf-among-stocks-setting/