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Petroleo Brasileiro, Petroleo Brasileiro Among Stocks falling to Annual Lows Thursday

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

  • The share price of Petroleo Brasileiro (NYSE:PBR) slid today, reaching and then falling even farther past its previous 52-week low of $19.31 to $19.22. The stock was trading on below-average volume. After trading at a volume of 15.1 million, shares fell 3.3%. Over the last three months, the stock has lost $9.96 (-34.1%) from a price of $29.21 on February 21, 2012. The stock is trading at 81.8% of its 50-day moving average and 72.9% of its 200-day moving average.
  • While trading on below-average volume, Petroleo Brasileiro (NYSE:PBR.A) sunk today, hitting and then dropping past its previous 52-week low to $18.42. The stock price was down 4.1% with a volume of 7.2 million. The stock has fallen over the last three months, dropping $9.26 (-33.5%) from $27.68 on February 21, 2012. The stock is trading at 81.8% of its 50-day moving average and 74% of its 200-day moving average.
  • The share price of Telecom Italia S.p.A. (NYSE:TI) slipped today, reaching and then falling even farther past its previous 52-week low of $9.74 to $9.69. The stock was trading on below-average volume. The stock price fell 1.3% after trading at a volume of 342,160. The stock has been sinking in the last two months, down $2.40 (-19.8%) from a price of $12.11 on March 20, 2012. The stock is trading at 87.9% of its 50-day moving average and 87.4% of its 200-day moving average.