Ceradyne, San Juan Basin Royalty Among Stocks falling to Annual Lows Wednesday

FOXBusiness

Take a look at these five stocks that dropped to 52-week lows:

  • The share price of Ceradyne (NASDAQ:CRDN) dropped today, reaching and then dropping even further past its previous 52-week low of $24.66 to $24.17. The stock was trading on above-average volume. Shares were traded at a volume of 1.1 million and fell 9%. The stock has lost momentum over the last three months, losing $8.61 (-26.3%) from $32.79 on January 27, 2012. The stock is trading at 77.5% of its 50-day moving average and 78.8% of its 200-day moving average.

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  • While trading on above-average volume, San Juan Basin Royalty (NYSE:SJT) sunk today, hitting and then dropping past its previous 52-week low of $15.90 to $15.70. After trading at a volume of 632,277, shares fell 1%. The stock is down over the last three months, having fallen $3.92 (-19.9%) from $19.72 on January 27, 2012. The stock is trading at 85.8% of its 50-day moving average and 76.2% of its 200-day moving average.
  • The share price of Marshall Edwards (NASDAQ:MSHL) decreased today, reaching and then dropping even further past its previous 52-week low of 64 cents to 61 cents. The stock was trading on above-average volume. The stock price was down 4.5% with a volume of 438,149. The stock is trading at 81.2% of its 50-day moving average and 61.4% of its 200-day moving average.
  • While trading on above-average volume, Institutional Financial Markets (AMEX:IFMI) slipped today, hitting and then dropping past its previous 52-week low to $1.23. Shares were traded at a volume of 29,310 and fell 4.9%.
  • The share price of China Shenghuo Pharmaceutical Hldg (AMEX:KUN) fell today, reaching and then falling even farther past its previous 52-week low of 16 cents to 6 cents. The stock was trading on below-average volume. After trading at a volume of 36,309, shares fell 15.3%.

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