4 Stocks Sink to 52-Week Lows: RadioShack, Zipcar
Written by: Alexandra Zendrian
Tickers in this article:
RSH CY CS ZIP
RadioShack
"RadioShack has several near-term opportunities, including improving service standards along with revamping relevancy and presentation in the higher margin signature category," Credit Suisse analysts wrote in an April 30 report. "Encouragingly, the sales cadence accelerated through Q1, and April showed continued improvement to kick off Q2."
Shares of RadioShack hit a 52-week low Thursday of $4.54. The stock's 52-week high of $16.25 was set on July 26.
RadioShack's forward P/E is 11.43; the average for specialty retailers is 15.21.
Fourteen of the 21 analysts who cover RadioShack rated it hold. Five analysts gave the stock a sell rating and two rated it buy.
The stock has fallen 52.83% year to date.
Zipcar
"ZIP is unique in that its focus is on car-sharing, only," Goldman Sachs analysts wrote in a May 9 report. "Besides clarity of vision, it allows for operational focus."
Shares of Zipcar hit a 52-week low on Thursday of $9.80. The stock's 52-week high of $26.37 on May 19.