Stocks falling to new 52 week lows on June 12 are Telecom Argentina S.A, GrafTech International Ltd, Arch Coal Inc, Green Mountain Coffee Roasters Inc, and Bill Barrett 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 Telecom Argentina S.A. (TEO) fell by 1.91% or $-0.22/share to $11.28. In the past year, the shares have traded as low as $11.50 and as high as $25.16. On average, 394370 shares of TEO exchange hands on a given day and today's volume is recorded at 62160. 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 $13.61 area but be careful because the stock may face selling pressure at this level.
Shares of GrafTech International Ltd. (GTI) fell by 1.86% or $-0.18/share to $9.51. In the past year, the shares have traded as low as $9.68 and as high as $22.46. On average, 1212070 shares of GTI exchange hands on a given day and today's volume is recorded at 533547. 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 $11.27 area but be careful because the stock may face selling pressure at this level.
Shares of Arch Coal Inc. (ACI) traded higher by 0.64% or $0.04/share to $5.91. In the past year, the shares have traded as low as $5.86 and as high as $28.05. On average, 13084280 shares of ACI exchange hands on a given day and today's volume is recorded at 5501749. 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 $8.42 area but be careful because the stock may face selling pressure at this level.
Shares of Green Mountain Coffee Roasters Inc. (GMCR) traded higher by 0.92% or $0.20/share to $21.52. In the past year, the shares have traded as low as $21.06 and as high as $116.01. On average, 7583780 shares of GMCR exchange hands on a given day and today's volume is recorded at 3973825. 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 $34.12 area but be careful because the stock may face selling pressure at this level.
Shares of Bill Barrett Corp. (BBG) fell by 0.06% or $-0.01/share to $16.57. In the past year, the shares have traded as low as $16.56 and as high as $52.12. On average, 1452930 shares of BBG exchange hands on a given day and today's volume is recorded at 522572. 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 $21.83 area but be careful because the stock may face selling pressure at this level.
