RadioShack and Smith & Wesson Open to 52-Week Lows

Following today's open bell, RadioShack

and Smith & Wesson

fell to new 52-week lows of $12.64 and $3.10 per share, respectively.

was initiated as Underweight at Barclays this week. The company has a market cap of $1.3 billion and is a leading consumer electronics retail chain with some 4,700 stores in the United States and Mexico. Its dividend yield is 1.9% and the return on equity is 20.7%. The company has a P/E ratio of 7.7, compared to the S&P 500 P/E ratio of 17.7. It also has a PEG ratio of 0.9. Shares are about 33% lower year to date, underperforming big-box competitor Best Buy

and the electronics stores industry average.

is expected to post an earnings decline of 85% for fiscal 2011. The company has a market cap of $188.6 million and is a leading producer of firearms and accessories, as well as licenses its name to apparel and gift manufacturers. The company has a long-term EPS forecast of 14.5% and a PEG ratio of 1.0. Shares are down about 16% since the beginning of the year. The stock has underperformed competitor Sturm Ruger

as well as the broader markets.