Stocks falling to new 52 week lows on April 12 are GasLog Ltd, Quicksilver Resources Inc, OPNET Technologies Inc, NRG Energy, Inc, and Newfield Exploration Co. 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 GasLog Ltd. (GLOG) traded higher by 3.43% or $0.37/share to $11.17. In the past year, the shares have traded as low as $10.73 and as high as $13.34. On average, 2445480 shares of GLOG exchange hands on a given day and today's volume is recorded at 51800. 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 $11.55 area but be careful because the stock may face selling pressure at this level.
Shares of Quicksilver Resources Inc. (KWK) traded higher by 2.17% or $0.09/share to $4.23. In the past year, the shares have traded as low as $4.13 and as high as $15.41. On average, 4289810 shares of KWK exchange hands on a given day and today's volume is recorded at 814349. 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 $5.36 area but be careful because the stock may face selling pressure at this level.
Shares of OPNET Technologies Inc. (OPNT) fell by 1.61% or $-0.37/share to $22.68. In the past year, the shares have traded as low as $22.71 and as high as $47.63. On average, 288950 shares of OPNT exchange hands on a given day and today's volume is recorded at 66932. 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 $30.14 area but be careful because the stock may face selling pressure at this level.
Shares of NRG Energy, Inc. (NRG) fell by 0.55% or $-0.08/share to $14.57. In the past year, the shares have traded as low as $14.54 and as high as $25.66. On average, 3084730 shares of NRG exchange hands on a given day and today's volume is recorded at 460382. 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 $16.67 area but be careful because the stock may face selling pressure at this level.
Shares of Newfield Exploration Co. (NFX) traded higher by 2.01% or $0.65/share to $32.94. In the past year, the shares have traded as low as $32.26 and as high as $75.52. On average, 2481290 shares of NFX exchange hands on a given day and today's volume is recorded at 429063. 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 $36.42 area but be careful because the stock may face selling pressure at this level.
