Stocks falling to new 52 week lows on May 25 are Portugal Telecom SGPS SA, ExactTarget, Inc, Yanzhou Coal Mining Co. Ltd, Ctrip.com International Ltd, and AAR 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 Portugal Telecom SGPS SA (PT) remained unchanged at $4.27. In the past year, the shares have traded as low as $4.26 and as high as $9.47. On average, 331920 shares of PT exchange hands on a given day and today's volume is recorded at 210679. 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 $4.62 area but be careful because the stock may face selling pressure at this level.
Shares of ExactTarget, Inc. (ET) fell by 0.77% or $-0.16/share to $20.64. In the past year, the shares have traded as low as $20.61 and as high as $29.88. On average, 496640 shares of ET exchange hands on a given day and today's volume is recorded at 73311. 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 $24.94 area but be careful because the stock may face selling pressure at this level.
Shares of Yanzhou Coal Mining Co. Ltd. (YZC) fell by 2.26% or $-0.37/share to $16.02. In the past year, the shares have traded as low as $16.06 and as high as $41.89. On average, 197570 shares of YZC exchange hands on a given day and today's volume is recorded at 71146. 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 $20.53 area but be careful because the stock may face selling pressure at this level.
Shares of Ctrip.com International Ltd. (CTRP) fell by 0.32% or $-0.06/share to $18.48. In the past year, the shares have traded as low as $18.48 and as high as $47.54. On average, 3046610 shares of CTRP exchange hands on a given day and today's volume is recorded at 541905. 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 $21.07 area but be careful because the stock may face selling pressure at this level.
Shares of AAR Corp. (AIR) traded higher by 0.23% or $0.03/share to $12.8. In the past year, the shares have traded as low as $12.54 and as high as $31.26. On average, 368090 shares of AIR exchange hands on a given day and today's volume is recorded at 214042. 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 $16.43 area but be careful because the stock may face selling pressure at this level.
