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Market Overview

New 52-Week Lows (AHR, PKT, FTK)

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Anthracite Capital Inc. (NYSE: AHR) declined 27.92% to $0.274 on 2.75 million shares. Today, AHR has made a new 52-week low at $0.26. Today, Anthracite Capital reported that it had defaulted $1.6 million of interest payments on $79.25 million of senior notes. So far this year, AHR is down over 85%.

Procera Networks, Inc. (AMEX: PKT) is another stock which made a new 52 week low of $0.42 and now trades at $0.460, decreased by $0.020 or 4.17% on 118K shares. Yesterday, Procera Networks announced that James Brear, president and chief executive officer, would be presenting at the 2nd Annual LD MICRO Conference in Los Angeles, CA. So far in 2009, PKT declined by 50%.

Flotek Industries, Inc. (NYSE: FTK) moved down 1.72% to $1.14 and made a new 52-week low at $1.11 in the morning trading hours. In the last six months, FTK declined by over 50%.

 

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Posted-In: Intraday Update