52-Week High & Low Stocks: IHNX, ARCI, CEDC, EXAM, ELON, ALU
Friday, November 04, 2021 4:15 PM



As the US market traded in red during the day’s trading, several stocks recorded a new 52-week highs or lows. Some notable stocks are discussed here.

Inhibitex, Inc.(NasdaqCM: INHX ), a pharmaceutical company, recorded a new 52-week high of $9.31 with trading volume of more than 24 million shares. The company today announced positive data around its hepatitis c drug candidate. Shares gained 125.25 percent, or $4.99, to trade at $8.95.

Appliance Recycling Centers (Nasdaq: ARCI), a household appliance seller, recorded a new 52-week high of $6.69 with trading volume of more than 268k shares. The company’s quarterly operating income more than doubled to $2.8 million from $1.3 million last year. Shares gained 14.74 percent, or $0.83, to trade at $6.46.

Central European Distribution (Nasdaq: CEDC), a beverage company, recorded a new 52-week low of $3.15 with a trading volume of more than 8 million shares. The company reported its third quarter earnings today. Shares lost 35.32 percent, or $1.8085, to trade at $3.2315.

ExamWorks Group, Inc. (NYSE: EXAM), a provider of medical examination services, recorded a new 52-week low of $6.56 with trading volume of more than 1.9 million shares. The company’s quarterly net income increased to $60.6 million from $48.6 million last year. Shares decreased 25.43 percent, or $2.39, to trade at $7.01.

Echelon Corp. (NasdaqGS: ELON), an energy control networking services company, recorded a new 52-week low of $5.71 with trading volume of more than 887,000  shares. The company registered a net profit of $43.8 million for third quarter. Shares lost 18.51 percent, or $1.32, to trade at $5.81.

Alcatel-Lucent (NYSE: ALU), a communication services provider, recorded a new 52-week low of $2.25 with trading volume of more than 63 million shares. The company saw an adjusted operating margin of around 4 percent, down from above 5 percent projected earlier. Shares lost 16.99 percent, or $0.46, to trade at $2.30.

 

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