52 Week Range

RECENT NEWS
Benzinga  May 6  Comment 
Zulily Inc (NASDAQ: ZU) shares reached a new 52-week low of $9.51 after the company reported downbeat Q2 revenue and issued a weak revenue outlook. The company also named Brian Swartz as chief financial officer. Noodles & Co (NASDAQ: NDLS)...
TheStreet.com  Apr 27  Comment 
NEW YORK (TheStreet) -- Shares of Aerie Pharmaceuticals  continued to plunge Monday and hit a new 52-week low of $11.01 after the company announced late last week that its lead pipeline candidate, Rhopressa, missed its primary efficacy...
TheStreet.com  Mar 30  Comment 
NEW YORK (TheStreet) -- Shares of Can-Fite BioPharma  plummeted more than 60% to a 52-week low of $2.16 on Monday announced that its drug candidate CF101 did not achieve its primary endpoint in a Phase II/III psoriasis trial. The trial...
The Straits Times  Mar 11  Comment 
March 12, 2015 1:38 AM SHARES of Del Monte Pacific Limited (DMPL) fell to a 52-week low yesterday after the company reported a net loss of US$2.2 million (S$3 million) for the third quarter.
Benzinga  Feb 10  Comment 
Biocept, Inc. (NASDAQ: BIOC) shares touched a new 52-week low of $1.127 after the company priced a $10 million public offering. Benefitfocus, Inc. (NASDAQ: BNFT) shares fell 2.13% to reach a new 52-week low of $20.72. Benefitfocus is expected...




 

52 Week Range is the highest and lowest prices of the last 52 weeks (one year)

The 52 week range is a simple technical indicator that lists the highest and lowest price at which a security was sold over preceding 52 weeks (or one year).

Investors, especially technical analysts, may use the 52 week range to gauge whether a stock's current price suggests buying, selling, or taking no-action. Many value investors look for stocks that are at or near their 52 week low, but this metric alone does not indicate whether a stock is under-valued. For example, a stock may near its 52 week low in a price correction after earnings expectations for future quarters were revised. There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher - it could break down to an even lower level.

However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. Instead, the 52 Week Range is generally used more as a descriptive metric to describe what the stock has done and not what it will do.

Applications of the 52 Week Range

Investors may use the 52 week range as a starting point in a deeper analysis of a stock. It is often useful to compare a stock to general stock market indexes, such as the S&P 500 or the Dow Jones Industrial Average. If the stock is at a low point, while key indexes are not, then that stock is said to be under-performing the market. However, if many widely-owned stocks are hitting 52 week lows around the same time, investors may take this as an indication of a greater market trend and slow overall economic growth. The reverse is true for the 52 week high. In essence, the 52 week range can be used in conjuncture with other metrics to judge the value of a stock in comparison to others.

Example

  • Today, Company ABC is trading at $13.74 per share. One year ago, the company was trading a $18.30. Between then and now, the price of ABC climbed to $24.60, then fell to $10.69 before climbing back to its current price. As such, ABC's 52 Week Range is $10.69 – $24.60.
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki