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.