7 More Stocks Hitting 52-Week Lows
NEW YORK (TheStreet) -- Even as hoards of blue chips attained 52-week highs this week, a number of stocks are breaking the less desirable boundary of 52-week lows.
AsiaInfo-Linkage (ASIA), a Beijing-based telecommunications software provider, fell to $15.76, another low for this week. It has a buy rating from Kaufman Brothers and a rating of outperform from Wedbush Securities.
Shares of biopharmaceutical firm AMAG Pharmaceuticals (AMAG) dipped as low as $23.58 in morning trading Thursday. AMAG was downgraded to neutral from outperform by Robert W. Baird in late July. Citigroup (C) has had a buy rating on the stock since January.
Asia Info-Linkage and AMAG were repeat losers with Thursday's lows pushing their lower bounds further from depths reached earlier this week.
>>7 Stocks Hitting 52-Week Lows China Pharma Holdings (CPHI), a Chinese biotech firm traded as low as $2.13 Thursday morning. Rodman & Renshaw has a market outperform rating on the stock. Glass maker Apogee Enterprises (APOG) traded down to $8.76 Thursday following a disappointing quarterly report. Analysts from Northland Securities rate the stock outperform. Savings bank HMN Financial (HMNF) fell to $3.06.Select the service that is right for you!
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