Stocks Hitting 52-Week Lows

Galena Biopharma Inc GALE shares reached a new 52-week low of $1.40 after the company priced 24.4 million units at $1.56 per unit. Tenax Therapeutics, Inc. TENX shares fell 1.32% to touch a new 52-week low of $2.99. Tenax Therapeutics is expected to report its Q3 financial results on March 18, 2015. Ensco plc ESV shares fell 3.11% to touch a new 52-week low of $21.22. Susquehanna initiated coverage on Ensco with a Neutral rating. Encana Corporation ECA shares declined 2.20% to reach a new 52-week low of $10.69. Encana shares have dropped 45.97% over the past 52 weeks, while the S&P 500 index has gained 12.21% in the same period.