Hewlett-Packard, BHP Billiton Among Stocks setting 52-Week Lows Friday
Six stocks dropped to 52-week lows:
- The share price of Hewlett-Packard (NYSE:HPQ) dropped today, reaching and then dropping even further past its previous 52-week low of $21.50 to $21.28. The stock was trading on above-average volume. Shares were traded at a volume of 25.2 million and fell 2.7%. The stock is down over the last three months, having fallen $7.48 (-25.8%) from $28.94 on February 22, 2012. The stock is trading at 89.9% of its 50-day moving average and 84% of its 200-day moving average.
- While trading on above-average volume, BHP Billiton (NYSE:BHP) dipped today, hitting and then dropping past its previous 52-week low of $62.54 to $62.31. The stock price was down 1.7% with a volume of four million. The stock has lost momentum over the last three months, losing $15.27 (-19.6%) from $77.76 on February 22, 2012. The stock is trading at 88.1% of its 50-day moving average and 84.6% of its 200-day moving average.
- While trading on below-average volume, Research In Motion (NASDAQ:RIMM) fell today, hitting and then dropping past its previous 52-week low to $10.89. The stock price fell 3.4% after trading at a volume of 12.6 million. Over the last three months, the stock has lost $3.67 (-25%) from a price of $14.66 on February 22, 2012. The stock is trading at 85.9% of its 50-day moving average and 71.1% of its 200-day moving average.
- The share price of Superior Energy Services (NYSE:SPN) declined today, reaching and then falling even farther past its previous 52-week low of $21.13 to $20.95. The stock was trading on below-average volume. The stock price dropped 1.4% today, trading at a volume of two million. The stock is down over the last three months, having fallen $8.77 (-29.4%) from $29.84 on February 22, 2012. The stock is trading at 84% of its 50-day moving average and 76.6% of its 200-day moving average.
- The share price of Buckeye Partners L.P (NYSE:BPL) sunk today, reaching and then dropping even further past its previous 52-week low of $46.60 to $45.28. The stock was trading on above-average volume. The stock price was down 3% with a volume of 879,582. The stock has been on a downward trajectory over the last two months, declining $16.93 (-27%) from a price of $62.64 on March 21, 2012. The stock is trading at 82% of its 50-day moving average and 75.5% of its 200-day moving average.
- While trading on above-average volume, El Paso Pipeline Partners L.P (NYSE:EPB) slid today, hitting and then dropping past its previous 52-week low of $31.36 to $30.64. After trading at a volume of 895,089, shares fell 5.7%. The stock has fallen over the last three months, dropping $7.19 (-19%) from $37.83 on February 22, 2012. The stock is trading at 91% of its 50-day moving average and 88.6% of its 200-day moving average.