NASDAQ Stocks Hitting 52-Week Lows (ARRS, CPST, CFSG, DMED)

Arris Group Inc ARRS shares lost 2.01% to create a new 52-week low of $8.28. Analysts at Avondale downgraded ARRS from “market outperform” to “market perform.” Capstone Turbine Corporation CPST shares fell 5.40% to create a new 52-week low of $06555. CPST had received an order for 18 C65 microturbines for prominent oil and gas developer in Eagle Ford shale play. China Fire & Security Group Inc CFSG shares moved down 3.36% to create a new 52-week low of $6.62. CFSG had reported weaker-than-expected Q2 results and lowered its projections for 2010. D Medical Industries Ltd DMED shares dropped 5.81% to $5.19, creating a new 52-week low. DMED is likely to report its Q2 results on August 31. Read more from Benzinga's Company news.
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Posted In: EarningsNewsGuidanceDowngradesIntraday UpdateMarketsAnalyst RatingsTrading Ideas52-Week LowsCommunications EquipmentHeavy Electrical EquipmentIndustrial MachineryIndustrialsInformation Technology
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