Notable 52-Week Highs and Lows of the Day 08/10: (STX) (PSTI) (CTB) High; (ATPG) (UBNT) (RNDY) Low


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August 10, 2012 3:17 PM EDT Send to a Friend
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:
  • Seagate Technology (Nasdaq: STX) high of $34.24. Seagate getting a boost from peer Fusion-io (NYSE: FIO), following Fusion-io's PSTI) high of $4.35. Pluristem moving strong above the $4.20 resistance level on Friday. The pharma reported receiving approval in Germany to commence a Phase I/II randomized, double blind, placebo controlled study to assess the safety and efficacy of its PLX cells, through intramuscular injections, for the regeneration of injured gluteal musculature following total hip replacement earlier this week.

  • Cooper Tire & Rubber Co. (NYSE: CTB) high of $19.93. Cooper Tire continuing higher following strong Q2 results issued Thursday morning. Shares up 10 percent the last two sessions.
52-Week Low:
  • ATP Oil & Gas Corp. (Nasdaq: ATPG) low of $0.41. ATP moving lower after reports said the company entered $600 million of debtor-in-possession financing with Credit Suisse, which is generally a sign of pending bankruptcy.

  • Ubiquiti Networks, Inc. (Nasdaq: UBNT) low of $8.52. Ubiquiti slammed amid beating fourth-quarter views, but issuing light first-quarter guidance. Shares were downgraded at Wedbush, Deutsche Bank, Capstone, and Pacific Crest today. For more on the analyst calls, click here.

  • Roundys (NYSE: RNDY) low of $7.63. Roundy's also came nearly in-line with second-quarter earnings views, but issued worse than expected guidance for 2012 earnings. Shares were downgraded at B&T, Jefferies, and Credit Suisse as well. Click here for more.

  • North American Palladium Ltd. (AMEX: PAL) low of $1.47. North American Palladium reported Q2 loss of 2 cents per share, from EPS of 3 cents in the same period last year. Revs fell from $51.4 million down to $40.6 million. The Company also updated mineral reserves and resources.


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