Stocks falling to new 52 week lows on April 11 are AVEO Pharmaceuticals, Inc, YPF S.A, Vonage Holdings Corporation, TransAlta Corp, and Sequenom 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 AVEO Pharmaceuticals, Inc. (AVEO) fell by 1.33% or $-0.15/share to $11.15. In the past year, the shares have traded as low as $11.28 and as high as $21.55. On average, 275440 shares of AVEO exchange hands on a given day and today's volume is recorded at 54773. 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 $12.97 area but be careful because the stock may face selling pressure at this level.
Shares of YPF S.A. (YPF) traded higher by 1.26% or $0.28/share to $22.5. In the past year, the shares have traded as low as $21.70 and as high as $44.42. On average, 1597220 shares of YPF exchange hands on a given day and today's volume is recorded at 540964. 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 $29.55 area but be careful because the stock may face selling pressure at this level.
Shares of Vonage Holdings Corporation (VG) traded higher by 0.5% or $0.01/share to $2.0. In the past year, the shares have traded as low as $1.98 and as high as $5.39. On average, 2471110 shares of VG exchange hands on a given day and today's volume is recorded at 440872. 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 $2.38 area but be careful because the stock may face selling pressure at this level.
Shares of TransAlta Corp. (TAC) fell by 0.74% or $-0.13/share to $17.52. In the past year, the shares have traded as low as $17.57 and as high as $22.47. On average, 78010 shares of TAC exchange hands on a given day and today's volume is recorded at 27069. 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 $19.79 area but be careful because the stock may face selling pressure at this level.
Shares of Sequenom Inc. (SQNM) fell by 2.49% or $-0.09/share to $3.53. In the past year, the shares have traded as low as $3.54 and as high as $8.71. On average, 2724940 shares of SQNM exchange hands on a given day and today's volume is recorded at 576433. 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 $4.26 area but be careful because the stock may face selling pressure at this level.
