NASDAQ Stocks Hitting 52-Week Lows (ARRS, CPST, CFSG, DMED)
Arris Group Inc (NASDAQ: 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 (NASDAQ: 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 (NASDAQ: 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 (NASDAQ: 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.
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