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Phoenix New Media Ltd ADR, Wave Systems Among Stocks hitting 52-Week Lows Tuesday

Seven stocks dropped to 52-week lows:

  • The share price of Phoenix New Media Ltd ADR (NYSE:FENG) fell today, reaching and then dropping even further past its previous 52-week low of $3.83 to $3.81. The stock was trading on above-average volume. The stock price dropped 1.8% today, trading at a volume of 205,122. The stock is trading at 88% of its 50-day moving average and 67.4% of its 200-day moving average.
  • While trading on above-average volume, Wave Systems (NASDAQ:WAVX) decreased today, hitting and then dropping past its previous 52-week low of 61 cents to 57 cents. After trading at a volume of 673,226, shares fell 13.4%. The stock is trading at 83.3% of its 50-day moving average and 44.2% of its 200-day moving average.
  • The share price of Powerwave Technologies (NASDAQ:PWAV) sunk today, reaching and then dropping even further past its previous 52-week low of 40 cents to 39 cents. The stock was trading on above-average volume. The stock price was down 4.3% with a volume of 991,857.
  • While trading on above-average volume, Durata Therapeutics (NASDAQ:DRTX) declined today, hitting and then dropping past its previous 52-week low of $8.02 to $7.33. The stock price fell 5.5% after trading at a volume of 32,340.
  • While trading on below-average volume, Interphase Corporation (NASDAQ:INPH) slid today, hitting and then dropping past its previous 52-week low to $3.21. Shares are down 5.3% and trading at a volume of 2,513.
  • While trading on above-average volume, Chinanet Online Holdings (NASDAQ:CNET) dropped today, hitting and then dropping past its previous 52-week low to 52 cents. After trading at a volume of 7,429, shares fell 8.1%.
  • While trading on above-average volume, Radio One (NASDAQ:ROIA) slipped today, hitting and then dropping past its previous 52-week low of 76 cents to 71 cents. The stock price is down 13.3% with a volume of 3,120.