Stocks Hitting 52-Week Lows
ALLETE (NYSE: ALE) shares reached a new 52-week low of $45.54. ALLETE's PEG ratio is 2.67.
ALCO Stores (NASDAQ: ALCS) shares tumbled 31.15% to touch a new 52-week low of $4.06. ALCO reported Q2 loss from continuing operations of $7 million on sales of $110.7 million. It has engaged Houlihan Lokey Capital as a financial advisor and announced the resignation of interim CFO Mimchael Juniper.
Ascena Retail Group (NASDAQ: ASNA) shares fell 15.91% to reach a new 52-week low of $13.90 after the company reported downbeat fourth-quarter earnings and issued a weak outlook.
Mattel (NASDAQ: MAT) shares touched a new 52-week low of $32.66. Mattel shares have dropped 23.20% over the past 52 weeks, while the S&P 500 index has gained 17.49% in the same period.
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