Stocks falling to new 52 week lows on June 20 are Logitech International SA, Conceptus, Inc, WebMD Health Corp, NutriSystem Inc, and Sony Corporation. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of Logitech International SA (LOGI) fell by 3.02% or $-0.35/share to $11.24. In the past year, the shares have traded as low as $11.49 and as high as $23.29. On average, 1831580 shares of LOGI exchange hands on a given day and today's volume is recorded at 880824. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $13.04 area but be careful because the stock may face selling pressure at this level.
Shares of Conceptus, Inc. (CPTS) fell by 1.38% or $-0.16/share to $11.43. In the past year, the shares have traded as low as $11.56 and as high as $17.74. On average, 236000 shares of CPTS exchange hands on a given day and today's volume is recorded at 209479. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $13.53 area but be careful because the stock may face selling pressure at this level.
Shares of WebMD Health Corp. (WBMD) fell by 3.04% or $-1.39/share to $44.37. In the past year, the shares have traded as low as $45.37 and as high as $58.55. On average, 746090 shares of WBMD exchange hands on a given day and today's volume is recorded at 359488. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $50.58 area but be careful because the stock may face selling pressure at this level.
Shares of NutriSystem Inc. (NTRI) fell by 2.82% or $-0.36/share to $12.4. In the past year, the shares have traded as low as $12.62 and as high as $23.88. On average, 384270 shares of NTRI exchange hands on a given day and today's volume is recorded at 120452. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $14.10 area but be careful because the stock may face selling pressure at this level.
Shares of Sony Corporation (SNE) fell by 2.33% or $-0.58/share to $24.34. In the past year, the shares have traded as low as $24.66 and as high as $36.97. On average, 1120700 shares of SNE exchange hands on a given day and today's volume is recorded at 501822. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $27.81 area but be careful because the stock may face selling pressure at this level.
