Stocks falling to new 52 week lows on August 25 are Brown Shoe Co. Inc, Cninsure Inc, VanceInfo Technologies Inc, Urban Outfitters Inc, and China Life Insurance Co. Ltd. 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 Brown Shoe Co. Inc. (BWS) fell by 14.56% or $-1.14/share to $6.69. In the past year, the shares have traded as low as $7.01 and as high as $15.56. On average, 847980 shares of BWS exchange hands on a given day and today's volume is recorded at 2033696. 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 $9.73 area but be careful because the stock may face selling pressure at this level.
Shares of Cninsure Inc. (CISG) fell by 9.99% or $-1.22/share to $10.99. In the past year, the shares have traded as low as $11.42 and as high as $26.74. On average, 356330 shares of CISG exchange hands on a given day and today's volume is recorded at 708630. 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 $14.08 area but be careful because the stock may face selling pressure at this level.
Shares of VanceInfo Technologies Inc. (VIT) fell by 7.91% or $-0.94/share to $10.95. In the past year, the shares have traded as low as $11.50 and as high as $41.06. On average, 1407330 shares of VIT exchange hands on a given day and today's volume is recorded at 747723. 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 $18.93 area but be careful because the stock may face selling pressure at this level.
Shares of Urban Outfitters Inc. (URBN) fell by 5.62% or $-1.44/share to $24.2. In the past year, the shares have traded as low as $25.27 and as high as $39.26. On average, 3856630 shares of URBN exchange hands on a given day and today's volume is recorded at 3387553. 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 $29.73 area but be careful because the stock may face selling pressure at this level.
Shares of China Life Insurance Co. Ltd. (LFC) fell by 5.7% or $-2.26/share to $37.38. In the past year, the shares have traded as low as $38.85 and as high as $69.57. On average, 531180 shares of LFC exchange hands on a given day and today's volume is recorded at 574383. 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 $48.19 area but be careful because the stock may face selling pressure at this level.
