Herbalife, Hess Among Stocks hitting 52-Week Lows Monday
Six stocks dropped to 52-week lows:
- The share price of Herbalife (NYSE:HLF) slipped today, reaching and then falling even farther past its previous 52-week low of $43.37 to $42.55. The stock was trading on below-average volume. After trading at a volume of 6.2 million, shares fell 5.1%. The stock is trading at 68.4% of its 50-day moving average and 70.9% of its 200-day moving average.
- The share price of Hess (NYSE:HES) sunk today, reaching and then dropping even further past its previous 52-week low of $46.66 to $46.50. The stock was trading on above-average volume. Shares were traded at a volume of 5.7 million and fell 2.8%. The stock has fallen over the last three months, dropping $17.50 (-27.3%) from $64.13 on February 15, 2012. The stock is trading at 85.5% of its 50-day moving average and 80% of its 200-day moving average.
- While trading on below-average volume, Newfield Exploration (NYSE:NFX) decreased today, hitting and then dropping past its previous 52-week low to $31.50. The stock price was down 2.3% with a volume of 1.5 million. The stock has lost momentum over the last three months, losing $8.35 (-20.9%) from $39.87 on February 15, 2012. The stock is trading at 92.1% of its 50-day moving average and 83.7% of its 200-day moving average.
- While trading on above-average volume, Oi (NYSE:OIBR) dropped today, hitting and then dropping past its previous 52-week low of $13.90 to $13.58. After trading at a volume of two million, shares fell 5.6%.
- The share price of Ivanhoe Mines (NYSE:IVN) slid today, reaching and then falling even farther past its previous 52-week low of $9.22 to $9.03. The stock was trading on below-average volume. Shares were traded at a volume of 2.1 million and fell 3.2%. The stock is trading at 72.2% of its 50-day moving average and 55.9% of its 200-day moving average.
- The share price of Telecom Italia SPA CL 'A (NYSE:TI.A) dipped today, reaching and then dropping even further past its previous 52-week low of $8.31 to $8.25. The stock was trading on above-average volume. The stock price was down 6.7% with a volume of 422,730. Shares are down over the last two months as the price has dropped $1.13 (-12%) from a price of $9.42 on March 15, 2012. The stock is trading at 90.7% of its 50-day moving average and 89.3% of its 200-day moving average.