Stocks falling to new 52 week lows on November 15 are The Governor and Company of The Bank of Ireland, Old Republic International Corp, Sun Life Financial Inc, Enzon Pharmaceuticals Inc, and Human Genome Sciences 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 The Governor and Company of The Bank of Ireland (IRE) fell by 1.5% or $-0.07/share to $4.73. In the past year, the shares have traded as low as $4.72 and as high as $30.89. On average, 611890 shares of IRE exchange hands on a given day and today's volume is recorded at 326281. 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 $8.26 area but be careful because the stock may face selling pressure at this level.
Shares of Old Republic International Corp. (ORI) traded higher by 0.12% or $0.01/share to $8.18. In the past year, the shares have traded as low as $8.14 and as high as $13.29. On average, 2029460 shares of ORI exchange hands on a given day and today's volume is recorded at 648762. 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 $9.16 area but be careful because the stock may face selling pressure at this level.
Shares of Sun Life Financial Inc. (SLF) fell by 2.38% or $-0.50/share to $20.51. In the past year, the shares have traded as low as $20.83 and as high as $33.38. On average, 832620 shares of SLF exchange hands on a given day and today's volume is recorded at 302358. 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 $24.08 area but be careful because the stock may face selling pressure at this level.
Shares of Enzon Pharmaceuticals Inc. (ENZN) fell by 1.69% or $-0.11/share to $6.38. In the past year, the shares have traded as low as $6.41 and as high as $12.71. On average, 278070 shares of ENZN exchange hands on a given day and today's volume is recorded at 33449. 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 $7.50 area but be careful because the stock may face selling pressure at this level.
Shares of Human Genome Sciences Inc. (HGSI) fell by 3.62% or $-0.34/share to $9.05. In the past year, the shares have traded as low as $9.09 and as high as $30.15. On average, 5774170 shares of HGSI exchange hands on a given day and today's volume is recorded at 1901024. 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 $11.85 area but be careful because the stock may face selling pressure at this level.
