Stocks Hitting 52-Week Lows

Rally Software Development (NYSE: RALY) shares fell 1.53% to reach a new 52-week low of $15.48. Rally Software Development's PEG ratio is -1.13.

Jabil Circuit (NYSE: JBL) shares fell 21.55% to touch a new 52-week low of $15.47 after the company reported downbeat fiscal first-quarter results and issued a weak outlook for its second quarter. Citigroup downgraded the stock from Neutral to Sell and lowered the target price from $24 to $14.

Tower Group International (NASDAQ: TWGP) shares tumbled 24.42% to touch a new 52-week low of $2.97 after the company announced the sale of its 10.7% equity stake in Canopius Group Limited. Compass Point downgraded the stock from Buy to Neutral.

Otelco (NASDAQ: OTEL) shares fell 0.17% to reach a new 52-week low of $5.80. Otelco shares have jumped 230.11% over the past 52 weeks, while the S&P 500 index has gained 24.04% in the same period.