Stocks Hitting 52-Week Lows
Brady (NYSE: BRC) shares fell 2% to reach a new 52-week low of $24.51. Brady's trailing-twelve-month ROE is -13.44%.
Hanger (NYSE: HGR) shares dropped 1.74% to touch a new 52-week low of $28.82. Hanger shares have dropped 8.86% over the past 52 weeks, while the S&P 500 index has gained 14.42% in the same period.
VOXX International (NASDAQ: VOXX) shares reached a new 52-week low of $7.59 after the company reported a Q4 loss of $0.35 per share on revenue of $187.10 million. B Riley downgraded VOXX from Buy to Neutral and cut the price target from $18.00 to $10.00.
Sorrento Therapeutics (NASDAQ: SRNE) shares fell 23.88% to reach a new 52-week low of $5.10 after the company priced 4,765,000 shares of common stock at a price of $5.25 per share.
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