Stocks Hitting 52-Week Lows

iDreamSky Technology Limited DSKY shares reached a new 52-week low of $8.42 after the company issued a weak revenue forecast and announced a $20 million share buyback program. Stifel Nicolaus downgraded iDreamSky Technology from Buy to Hold and removed the price target of $27.00. Wynn Resorts Ltd. WYNN shares fell 3.37% to touch a new 52-week low of $122.79. Morgan Stanley downgraded Wynn Resorts from Overweight to Equal-weight and lowered the price target from $185.00 to $145.00. UCP, Inc. UCP shares touched a new 52-week low of $8.32. UCP reported a Q4 loss of $0.25 per share on revenue of $46.2 million. Ensco plc ESV shares declined 2.44% to reach a new 52-week low of $19.96. Crude oil futures fell 2.14% to trade at $43.88 barrel.
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