Stocks Hitting 52-Week Lows

Pitney Bowes Inc. PBI shares touched a new 52-week low of $21.58 after the company reported Q4 earnings of $0.51 per share and announced a $100 million buyback. Guess' Inc. GES shares fell 4.85% to touch a new 52-week low of $17.87. Guess' shares have dropped 30.52% over the past 52 weeks, while the S&P 500 index has gained 14.53% in the same period. Greenhill & Co., Inc. GHL shares slipped 3.85% to reach a new 52-week low of $35.46. Credit Suisse downgraded Greenhill from Neutral to Underperform and lowered the price target from $45.00 to $34.00. American Software, Inc. AMSWA shares reached a new 52-week low of $8.21. American Software's trailing-twelve-month ROE is 8.73%.