Stocks Hitting 52-Week Lows

NetApp Inc. NTAP shares dipped 11.75 percent to reach a new 52-week low of $31.18 after the company reported weaker-than-expected earnings for its fiscal fourth quarter on Wednesday. Analysts at Cantor Fitzgerald downgraded NetApp from Buy to Hold and lowered the price target from $43.00 to $35.00. Communications Sales & Leasing Inc CSAL shares touched a new 52-week low of $25.39. Communications Sales & Leasing's PEG ratio is 3.15. Lumber Liquidators Holdings Inc LL shares touched a new 52-week low of $21.55 after the company announced a series of management changes. According to a press release, Robert Lynch "unexpectedly notified" the company of his resignation as President and CEO. Rayonier Inc. RYN shares reached a new 52-week low of $25.18. Rayonier shares have dropped 24.89 percent over the past 52 weeks, while the S&P 500 index has gained 12.33 percent in the same period.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMovers & ShakersIntraday UpdateMarkets52 Week Lows52-Week LowsConsumer DiscretionaryHome Improvement Retail
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!