Stocks falling to new 52 week lows on July 27 are Cash America International, Inc, U.S. Silica Holdings, Inc, Healthcare Trust of America, Inc, Yingli Green Energy Holding Co. Ltd, and Sonus Networks, 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 Cash America International, Inc. (CSH) fell by 1.25% or $-0.46/share to $36.23. In the past year, the shares have traded as low as $36.02 and as high as $62.20. On average, 280330 shares of CSH exchange hands on a given day and today's volume is recorded at 431746. 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 $43.39 area but be careful because the stock may face selling pressure at this level.
Shares of U.S. Silica Holdings, Inc. (SLCA) fell by 0.21% or $-0.02/share to $9.48. In the past year, the shares have traded as low as $9.31 and as high as $22.14. On average, 307810 shares of SLCA exchange hands on a given day and today's volume is recorded at 404038. 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 $11.26 area but be careful because the stock may face selling pressure at this level.
Shares of Healthcare Trust of America, Inc. (HTA) fell by 3.96% or $-0.38/share to $9.16. In the past year, the shares have traded as low as $9.36 and as high as $10.00. On average, 295490 shares of HTA exchange hands on a given day and today's volume is recorded at 319359. 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 $9.83 area but be careful because the stock may face selling pressure at this level.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) fell by 5.24% or $-0.11/share to $1.99. In the past year, the shares have traded as low as $2.02 and as high as $7.70. On average, 1766370 shares of YGE exchange hands on a given day and today's volume is recorded at 1422350. 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 $2.69 area but be careful because the stock may face selling pressure at this level.
Shares of Sonus Networks, Inc. (SONS) fell by 3.57% or $-0.06/share to $1.62. In the past year, the shares have traded as low as $1.63 and as high as $3.16. On average, 1565710 shares of SONS exchange hands on a given day and today's volume is recorded at 719507. 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 $2.13 area but be careful because the stock may face selling pressure at this level.
