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Molycorp, Navarre Corporation Among Stocks falling to Annual Lows Thursday

Here are the three most popular stocks that hit 52-week lows:

  • While trading on above-average volume, Molycorp (NYSE:MCP) slid today, hitting and then dropping past its previous 52-week low to $11. The stock price fell 7.5% after trading at a volume of 10.1 million. The stock is trading at 66.4% of its 50-day moving average and 47.7% of its 200-day moving average.
  • While trading on above-average volume, Navarre Corporation (NASDAQ:NAVR) sunk today, hitting and then dropping past its previous 52-week low of $1.19 to $1.17. Shares were traded at a volume of 187,244 and fell 4.1%. The stock is down over the last three months, having fallen 55 cents (-32%) from $1.72 on May 21, 2012. The stock is trading at 84.5% of its 50-day moving average and 74.5% of its 200-day moving average.
  • While trading on below-average volume, Geokinetics (AMEX:GOK) dropped today, hitting and then dropping past its previous 52-week low to 24 cents. After trading at a volume of 53,150, shares fell 7.6%. The stock is trading at 72.3% of its 50-day moving average and 22.1% of its 200-day moving average.