Stocks falling to new 52 week lows on September 14 are Lone Pine Resources Inc. Common, Molina Healthcare Inc, Regions Financial Corp, Skullcandy, Inc, and Yingli Green Energy Holding 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 Lone Pine Resources Inc. Common (LPR) fell by 3.28% or $-0.27/share to $7.96. In the past year, the shares have traded as low as $8.11 and as high as $13.09. On average, 153670 shares of LPR exchange hands on a given day and today's volume is recorded at 33851. 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 $10.29 area but be careful because the stock may face selling pressure at this level.
Shares of Molina Healthcare Inc. (MOH) fell by 6.66% or $-1.11/share to $15.55. In the past year, the shares have traded as low as $15.98 and as high as $29.03. On average, 534260 shares of MOH exchange hands on a given day and today's volume is recorded at 565051. 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 $21.21 area but be careful because the stock may face selling pressure at this level.
Shares of Regions Financial Corp. (RF) fell by 2.05% or $-0.08/share to $3.82. In the past year, the shares have traded as low as $3.82 and as high as $8.07. On average, 22437610 shares of RF exchange hands on a given day and today's volume is recorded at 14928467. 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 $5.07 area but be careful because the stock may face selling pressure at this level.
Shares of Skullcandy, Inc. (SKUL) fell by 4.84% or $-0.70/share to $13.77. In the past year, the shares have traded as low as $14.01 and as high as $23.40. On average, 674190 shares of SKUL exchange hands on a given day and today's volume is recorded at 94626. 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 $16.70 area but be careful because the stock may face selling pressure at this level.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) fell by 5.29% or $-0.23/share to $4.12. In the past year, the shares have traded as low as $4.15 and as high as $14.29. On average, 4352440 shares of YGE exchange hands on a given day and today's volume is recorded at 2449888. 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 $6.48 area but be careful because the stock may face selling pressure at this level.
