Stocks Hitting 52-Week Lows

Verint Systems Inc. VRNT shares touched a new 52-week low of $47.03. Verint reported Q2 adjusted earnings of $0.70 per share. FBR's Daniel H. Ives maintained an Outperform rating on Verint Systems, while lowering the price target from $68 to $63. Carbylan Therapeutics Inc CBYL shares declined 3.77 percent to reach a new 52-week low of $4.60. Carbylan Therapeutics' trailing-twelve-month ROE is -74.82 percent. Joy Global Inc. JOY shares reached a new 52-week low of $18.19 after the company reported weaker-than-expected earnings for the fiscal first quarter and lowered its forecast for the year. QKL Stores Inc QKLS shares touched a new 52-week low of $0.871. QKL Stores shares have tumbled 58.63 percent over the past 52 weeks, while the S&P 500 index has declined 2.59 percent in the same period.
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