Usually, companies that carry no debt are rewarded with high stock prices. That is not the case with the companies listed below, as they seem to be flying under the radar – at least for the time being.
The following companies have no debt on their balance sheets whose shares are trading near 52-week lows:
1) Cree CREE: Shares are currently trading at $40.63, slightly above their 52-week low of $38.53. The low was put in on April 21st.
2) Dreamworks Animation DWA: Shares are currently trading at $26.30, slightly above their 52-week low of $24.64. The low was put in on April 27th.
3) Exeter Resource XRA: Shares are currently trading at $5.26, slightly above their 52-week low of $4.90. The low was put in on March 15th.
4) China Life Insurance LFC: Shares are currently trading at $53.67, slightly above their 52-week low of $52.76. The low was put in on March 28th.
5) Logitech International LOGI: Shares are currently trading at $13.79, slightly above their 52-week low of $13.17. The low was put in on July 1st.
6) Smith Micro Software SMSI: Shares are currently trading at $7.75, slightly above their 52-week low of $7.42. The low was set on April 27th.
7) Tekelec TKLC: Shares are currently trading at $8.41, slightly above their 52-week low of $7.21. The low was set on March 17th.
8) Urban Outfitters URBN: Shares are currently trading at $31.95, slightly above their 52-week low of $29.03. The low was set on October 21st.
9) AllianceBernstein AB: Shares are currently trading at $21.98, slightly above their 52-week low of $20.33. The low was put in on February 3rd.
10) American Superconductor AMSC: Shares are currently trading at $11.72, slightly above their 52-week low of $11.50. The low was put in on April 20th.
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