Stocks falling to new 52 week lows on April 4 are Transportadora de Gas Del Sur S.A, Augusta Resource Corp, WebMD Health Corp, IAMGOLD Corp, and Lake Shore Gold Corp. 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 Transportadora de Gas Del Sur S.A. (TGS) fell by 1.72% or $-0.05/share to $2.62. In the past year, the shares have traded as low as $2.67 and as high as $4.18. On average, 64300 shares of TGS exchange hands on a given day and today's volume is recorded at 57560. 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 $2.88 area but be careful because the stock may face selling pressure at this level.
Shares of Augusta Resource Corp. (AZC) fell by 4.76% or $-0.12/share to $2.4. In the past year, the shares have traded as low as $2.48 and as high as $5.58. On average, 206060 shares of AZC exchange hands on a given day and today's volume is recorded at 136096. 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 $3.02 area but be careful because the stock may face selling pressure at this level.
Shares of WebMD Health Corp. (WBMD) fell by 8.71% or $-2.24/share to $23.47. In the past year, the shares have traded as low as $24.51 and as high as $58.54. On average, 1003960 shares of WBMD exchange hands on a given day and today's volume is recorded at 1462447. 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 $26.26 area but be careful because the stock may face selling pressure at this level.
Shares of IAMGOLD Corp. (IAG) fell by 3.62% or $-0.47/share to $12.51. In the past year, the shares have traded as low as $12.87 and as high as $23.69. On average, 2615430 shares of IAG exchange hands on a given day and today's volume is recorded at 821887. 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 $15.17 area but be careful because the stock may face selling pressure at this level.
Shares of Lake Shore Gold Corp. (LSG) fell by 4.87% or $-0.05/share to $0.99. In the past year, the shares have traded as low as $0.99 and as high as $4.51. On average, 303830 shares of LSG exchange hands on a given day and today's volume is recorded at 288126. 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 $1.40 area but be careful because the stock may face selling pressure at this level.
