Stocks falling to new 52 week lows on September 12 are Telecom Italia SpA, Banco Santander, S.A, Banco Bilbao Vizcaya Argentaria, S.A, CRH plc, and ExamWorks Group, Inc. 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 Telecom Italia SpA (TI) fell by 4.98% or $-0.52/share to $9.92. In the past year, the shares have traded as low as $10.41 and as high as $15.20. On average, 492740 shares of TI exchange hands on a given day and today's volume is recorded at 336766. 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 $12.13 area but be careful because the stock may face selling pressure at this level.
Shares of Banco Santander, S.A. (STD) fell by 8.07% or $-0.64/share to $7.24. In the past year, the shares have traded as low as $7.59 and as high as $12.73. On average, 10690870 shares of STD exchange hands on a given day and today's volume is recorded at 10726332. 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 $9.62 area but be careful because the stock may face selling pressure at this level.
Shares of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) fell by 6.82% or $-0.52/share to $7.1. In the past year, the shares have traded as low as $7.41 and as high as $13.50. On average, 2908770 shares of BBVA exchange hands on a given day and today's volume is recorded at 1618897. 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 $9.62 area but be careful because the stock may face selling pressure at this level.
Shares of CRH plc (CRH) fell by 5.32% or $-0.82/share to $14.6. In the past year, the shares have traded as low as $15.24 and as high as $24.76. On average, 254870 shares of CRH exchange hands on a given day and today's volume is recorded at 349741. 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 $18.41 area but be careful because the stock may face selling pressure at this level.
Shares of ExamWorks Group, Inc. (EXAM) fell by 0.77% or $-0.09/share to $11.62. In the past year, the shares have traded as low as $11.58 and as high as $26.48. On average, 436820 shares of EXAM exchange hands on a given day and today's volume is recorded at 104094. 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 $18.63 area but be careful because the stock may face selling pressure at this level.
