Notable 52-Week Highs and Lows of the Day 12/18: (SIRI) (BAC) (HOV) High; (LEI) (GTAT) (RBY) Low


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December 18, 2012 1:59 PM EST 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:
  • Sirius XM (Nasdaq: SIRI) $3.00. Goldman Sachs initiated coverage on Sirius XM at Buy earlier, with a generous $3.50 price target to boot. For more color on the call, click here.

  • Bank of America (NYSE: BAC) high of $11.28. BofA moving higher as Meredith Whitney switches her stance and is now positive on banks. She upgraded BofA to Buy, from a prior call of Hold.

  • Hovnanian Enterprises (NYSE: HOV) high of $6.09. The NAHB house Market Index reading for December came in flat with the consensus at 47 today, up 2 points from November. Homebuilders like Hovnanian are grabbing some investors attention as a result.

  • 3D Systems (NYSE: DDD) high of $51.96. 3D systems powering above the $49 price level today. Shares have been caught in the pattern of new high, pullback, new high, pullback, and so on. For investors, each new high is still a trend they'd like to see the stock ride for a while.
52-Week Low:
  • Lucas Energy, Inc. (AMEX: LEI) low of $0.95. Lucas reported that its $22 million senior secured promissory note due to Nordic Oil USA I, LP, is past due and Nordic has filed a lawsuit against the Company to seek repayment of the note and a judicial foreclosure of the properties acquired from Nordic. Shares hit 29 percent today.

  • GT Advanced Technologies (Nasdaq: GTAT) low of $2.86. GT issued fourth-quarter, FY12, and FY13 guidance earlier. For more on the numbers, click here.

  • Rubicon Minerals Corp. (AMEX: RBY) low of $2.35. Rubicon reported that, on Monday night, it learned via press reports that, on December 17, 2012, Wabauskang First Nation instructed its lawyers to file a lawsuit related to Rubicon's Phoenix Gold Project in Red Lake, Ontario. At this time, since it has received no notice from WFN, the details of its lawsuit are unknown to Rubicon.

    Rubicon shares fell over 12 percent today.


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