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Walgreen, Acme Packet Among Stocks hitting 52-Week Lows Wednesday

These nine stocks fell to 52-week lows:

  • While trading on above-average volume, Walgreen (NYSE:WAG) declined today, hitting and then dropping past its previous 52-week low to $28.53. While trading at a volume of 20 million, the stock price has fallen 4.4%. Shares are down over the last two months as the price has dropped $6.62 (-18.7%) from a price of $35.40 on April 23, 2012. The stock is trading at 90% of its 50-day moving average and 86.7% of its 200-day moving average.
  • The share price of Acme Packet (NASDAQ:APKT) slipped today, reaching and then dropping even further past its previous 52-week low of $20.76 to $20.21. The stock was trading on above-average volume. On volume of 1.5 million shares, the stock price is down 6.6%. The stock is down over the last two months, having fallen $6.74 (-24.8%) from a price of $27.20 on April 23, 2012. The stock is trading at 85.8% of its 50-day moving average and 71.7% of its 200-day moving average.
  • The share price of Precision Drilling Corporation (NYSE:PDS) sunk today, reaching and then falling even farther past its previous 52-week low of $6.91 to $6.85. The stock was trading on below-average volume. The stock price has fallen 1.1% with a volume of 695,760. The stock has lost momentum over the last three months, losing $3.43 (-33.2%) from $10.32 on March 23, 2012. The stock is trading at 88.1% of its 50-day moving average and 71.4% of its 200-day moving average.
  • While trading on above-average volume, Cytokinetics (NASDAQ:CYTK) fell today, hitting and then dropping past its previous 52-week low to 66 cents. Shares are down 12.5% and trading at a volume of 2.6 million. The stock is trading at 76.3% of its 50-day moving average and 67.8% of its 200-day moving average.
  • While trading on below-average volume, SatCon Technology Corporation (NASDAQ:SATC) dipped today, hitting and then dropping past its previous 52-week low to 22 cents. While trading at a volume of 1.2 million, the stock price has fallen 4.8%. The stock is trading at 70.8% of its 50-day moving average and 47.9% of its 200-day moving average.
  • While trading on above-average volume, ZBB Energy Corporation (AMEX:ZBB) decreased today, hitting and then dropping past its previous 52-week low of 35 cents to 34 cents. On volume of 648,615 shares, the stock price is down 6%. The stock is trading at 79.4% of its 50-day moving average and 57% of its 200-day moving average.
  • While trading on above-average volume, United States Heating Oil Fund (NYSE:UHN) dipped today, hitting and then dropping past its previous 52-week low to $29.13. The stock price is down 1.3% with a volume of 5,100.
  • The share price of VelocityShares 3X Long Brent Crude ETN linked to the Sx26P GSCI Brrent Crude Index Excess Return (NYSE:UOIL) slipped today, reaching and then falling even farther past its previous 52-week low of $28.09 to $26.74. The stock was trading on below-average volume. The stock price has fallen 7% with a volume of 1,505.
  • While trading on above-average volume, China Marine Food Group (AMEX:CMFO) dropped today, hitting and then dropping past its previous 52-week low of 73 cents to 66 cents. While trading at a volume of 56,526, the stock price has fallen 6.7%. The stock is trading at 84.4% of its 50-day moving average and 59% of its 200-day moving average.