Local.com, Tri-Tech Among Stocks setting 52-Week Lows Friday
Four stocks dropped to 52-week lows:
- While trading on above-average volume, Local.com (NASDAQ:LOCM) dipped today, hitting and then dropping past its previous 52-week low to $1.95. The stock price dropped 2% today, trading at a volume of 264,856. The stock is down over the last two months, having fallen 49 cents (-19.9%) from a price of $2.46 on June 20, 2012. The stock is trading at 87.9% of its 50-day moving average and 82.4% of its 200-day moving average.
- While trading on above-average volume, Tri-Tech (NASDAQ:TRIT) slipped today, hitting and then dropping past its previous 52-week low of $3.71 to $3.49. Shares were traded at a volume of 44,277 and fell 5.6%. The stock has fallen over the last three months, dropping $1.23 (-25.6%) from $4.80 on May 22, 2012. The stock is trading at 88.7% of its 50-day moving average and 67.6% of its 200-day moving average.
- The share price of Inuvo (AMEX:INUV) declined today, reaching and then dropping even further past its previous 52-week low of 47 cents to 46 cents. The stock was trading on above-average volume. After trading at a volume of 87,428, shares fell 6.1%.
- While trading on above-average volume, Bluefly (NASDAQ:BFLY) sunk today, hitting and then dropping past its previous 52-week low to $1.03. The stock price fell 6.4% after trading at a volume of 3,884.