Stocks Hitting 52-Week Lows
Majesco Entertainment Co (NASDAQ: COOL) shares touched a new 52-week low of $0.703. Majesco Entertainment posted a Q4 net loss of $2.7 million, versus a year-ago net loss of $3.9 million. The company projects drop in its fiscal 2013 sales.
TTM Technologies (NASDAQ: TTMI) shares touched a new 52-week low of $8.26. Analysts at Stifel Nicolaus downgraded TTM Technologies from “buy” to “hold.”
Gordmans Stores (NASDAQ: GMAN) shares dropped 15.52% to touch a new 52-week low of $11.81. Gordmans Stores cut its Q4 earnings and revenue forecast.
Capstone Turbine (NASDAQ: CPST) shares tumbled 7.99% to touch a new 52-week low of $0.79. Capstone Turbine's PEG ratio is -0.36.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.