Stocks falling to new 52 week lows on April 25 are Intermec, Inc, San Juan Basin Royalty Trust, SkyWest Inc, Enerplus Corporation, and Zipcar, 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 Intermec, Inc. (IN) fell by 1.96% or $-0.10/share to $5.0. In the past year, the shares have traded as low as $5.05 and as high as $12.21. On average, 298760 shares of IN exchange hands on a given day and today's volume is recorded at 228923. 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 $7.18 area but be careful because the stock may face selling pressure at this level.
Shares of San Juan Basin Royalty Trust (SJT) fell by 0.75% or $-0.12/share to $15.84. In the past year, the shares have traded as low as $15.90 and as high as $24.50. On average, 331170 shares of SJT exchange hands on a given day and today's volume is recorded at 284685. 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 $18.48 area but be careful because the stock may face selling pressure at this level.
Shares of SkyWest Inc. (SKYW) fell by 0.73% or $-0.07/share to $9.49. In the past year, the shares have traded as low as $9.54 and as high as $16.70. On average, 254430 shares of SKYW exchange hands on a given day and today's volume is recorded at 76950. 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 $11.18 area but be careful because the stock may face selling pressure at this level.
Shares of Enerplus Corporation (ERF) fell by 0.66% or $-0.12/share to $17.51. In the past year, the shares have traded as low as $17.58 and as high as $30.26. On average, 1426980 shares of ERF exchange hands on a given day and today's volume is recorded at 875072. 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 $22.01 area but be careful because the stock may face selling pressure at this level.
Shares of Zipcar, Inc. (ZIP) fell by 9.71% or $-1.34/share to $12.49. In the past year, the shares have traded as low as $12.04 and as high as $28.90. On average, 397180 shares of ZIP exchange hands on a given day and today's volume is recorded at 861040. 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 $13.86 area but be careful because the stock may face selling pressure at this level.
