Stocks Hitting 52-Week Lows

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Delcath Systems, Inc. DCTH shares touched a new 52-week low of $1.00 after the company priced $2.8 million public offering of common stock and warrants. Echelon Corporation ELON shares fell 6.71% to reach a new 52-week low of $1.25. Echelon reported a Q4 loss of $0.05 per share on revenue of $9.65 million. Ralph Lauren Corporation RL shares declined 0.27% to reach a new 52-week low of $134.74. Ralph Lauren shares have dropped 12.55% over the past 52 weeks, while the S&P 500 index has gained 13.71% in the same period. Midstates Petroleum Company, Inc. MPO shares slipped 9.48% to reach a new 52-week low of $1.00. Midstates is expected to post its Q4 earnings on March 3, 2015.
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