Stocks falling to new 52 week lows on December 7 are ZELTIQ Aesthetics, Inc, Getty Realty Corp, Digital River Inc, Zipcar, Inc, and Diamond Foods, 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 ZELTIQ Aesthetics, Inc. (ZLTQ) fell by 6.03% or $-0.80/share to $12.48. In the past year, the shares have traded as low as $13.16 and as high as $17.41. On average, 273100 shares of ZLTQ exchange hands on a given day and today's volume is recorded at 32914. 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 $14.88 area but be careful because the stock may face selling pressure at this level.
Shares of Getty Realty Corp. (GTY) fell by 1.07% or $-0.14/share to $12.98. In the past year, the shares have traded as low as $13.01 and as high as $30.16. On average, 242920 shares of GTY exchange hands on a given day and today's volume is recorded at 555242. 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 $15.33 area but be careful because the stock may face selling pressure at this level.
Shares of Digital River Inc. (DRIV) fell by 1.12% or $-0.17/share to $14.98. In the past year, the shares have traded as low as $14.92 and as high as $39.85. On average, 744560 shares of DRIV exchange hands on a given day and today's volume is recorded at 216276. 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 $18.81 area but be careful because the stock may face selling pressure at this level.
Shares of Zipcar, Inc. (ZIP) fell by 2.98% or $-0.43/share to $14.0. In the past year, the shares have traded as low as $14.00 and as high as $31.50. On average, 405880 shares of ZIP exchange hands on a given day and today's volume is recorded at 351908. 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 $17.63 area but be careful because the stock may face selling pressure at this level.
Shares of Diamond Foods, Inc. (DMND) fell by 3.61% or $-1.01/share to $26.93. In the past year, the shares have traded as low as $26.94 and as high as $96.08. On average, 1436150 shares of DMND exchange hands on a given day and today's volume is recorded at 623232. 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 $54.46 area but be careful because the stock may face selling pressure at this level.