Stocks falling to new 52 week lows on September 23 are Apollo Global Management, LLC, Hecla Mining Co, Denison Mines Corp, Getty Realty Corp, and Ashford Hospitality Trust 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 Apollo Global Management, LLC (APO) fell by 3.38% or $-0.35/share to $10.0. In the past year, the shares have traded as low as $10.29 and as high as $18.46. On average, 273390 shares of APO exchange hands on a given day and today's volume is recorded at 181625. 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 $13.79 area but be careful because the stock may face selling pressure at this level.
Shares of Hecla Mining Co. (HL) fell by 4.76% or $-0.29/share to $5.8. In the past year, the shares have traded as low as $5.89 and as high as $11.56. On average, 8352670 shares of HL exchange hands on a given day and today's volume is recorded at 6334939. 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 $7.61 area but be careful because the stock may face selling pressure at this level.
Shares of Denison Mines Corp. (DNN) fell by 4.84% or $-0.06/share to $1.18. In the past year, the shares have traded as low as $1.23 and as high as $4.52. On average, 1512250 shares of DNN exchange hands on a given day and today's volume is recorded at 835468. 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 $1.66 area but be careful because the stock may face selling pressure at this level.
Shares of Getty Realty Corp. (GTY) fell by 1.08% or $-0.17/share to $15.16. In the past year, the shares have traded as low as $15.25 and as high as $30.64. On average, 296040 shares of GTY exchange hands on a given day and today's volume is recorded at 236000. 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 $19.86 area but be careful because the stock may face selling pressure at this level.
Shares of Ashford Hospitality Trust Inc. (AHT) fell by 3.63% or $-0.23/share to $6.1. In the past year, the shares have traded as low as $6.15 and as high as $14.21. On average, 996550 shares of AHT exchange hands on a given day and today's volume is recorded at 662924. 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 $8.77 area but be careful because the stock may face selling pressure at this level.
