One strategy to make fast and massive positive factors is to spend money on high quality shares which are down considerably. Since these are high quality shares, they need to ultimately transfer up, and in flip, present engaging positive factors to traders. The largest problem, nonetheless, is figuring out shares which are down considerably and are sturdy essentially as nicely. That will help you choose, detailed beneath are the ten largest shares with a brand new 52-week low.
10 Greatest Shares With A New 52-Week Low
We’ve solely thought-about shares with a market capitalization (as of Jan. 27, 2023) of greater than $300 million for our record of the ten largest shares with a brand new 52-week low. We’ve ranked the ten largest shares with a brand new 52-week low on the premise of their market capitalization. Listed here are the ten largest shares with a brand new 52-week low:
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Horizon Bancorp
Based in 1873 and headquartered in Michigan Metropolis, Ind., it’s a financial institution holding firm that provides industrial and retail banking providers. Horizon Bancorp Inc (NASDAQ:HBNC) shares are down by virtually 2% yr to this point, bringing their 12-month return to -29%.
As of this writing, Horizon Bancorp shares are buying and selling at round $14.80 with a 52-week vary of $14.45 to $21.44, giving the corporate a market capitalization of greater than $670 million.
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Washington Belief Bancorp
Based in 1984 and headquartered in Westerly, R.I., it’s a financial institution holding firm that provides monetary providers. Washington Belief Bancorp Inc (NASDAQ:WASH) shares are down by virtually 12% yr to this point, bringing their 12-month return to -27%.
As of this writing, Washington Belief Bancorp shares are buying and selling at round $41.60 with a 52-week vary of $41.30 to $58.02, giving the corporate a market capitalization of greater than $800 million.
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ConnectOne Bancorp
Based in 1982 and headquartered in Englewood Cliffs, N.J., this firm provides private and industrial enterprise loans. ConnectOne Bancorp Inc (NASDAQ:CNOB) shares are down by virtually 8% yr to this point bringing their 12-month return to -34%.
As of this writing, ConnectOne Bancorp shares are buying and selling at round $22.30 with a 52-week vary of $21.35 to $34.23, giving the corporate a market capitalization of greater than $950 million.
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Clients Bancorp
Based in 1997 and headquartered in West Studying, Pa., this firm provides banking providers by way of its subsidiary, Clients Financial institution. Clients Bancorp Inc (NYSE:CUBI) shares are down by over 5% yr to this point bringing their 12-month return to -53%.
As of this writing, Clients Bancorp shares are buying and selling at round $27.10 with a 52-week vary of $25.13 to $65.48, giving the corporate a market capitalization of greater than $1 billion.
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Granite Ridge Assets
Based in 2022 and headquartered in Dallas, Texas, it’s a clean examine firm. Granite Ridge Assets (NYSE:GRNT) shares are down by virtually 16% yr to this point, bringing their 12-month return to virtually -23%.
As of this writing, Granite Ridge Assets shares are buying and selling at round $7.60 with a 52-week vary of $7.50 to $14.00, giving the corporate a market capitalization of greater than $1 billion.
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Veritex Holdings
Based in 2009 and headquartered in Dallas, this firm offers industrial banking services. Veritex Holdings Inc (NASDAQ:VBTX) shares are down by virtually 4% yr to this point, bringing their 12-month return to virtually -32%.
As of this writing, Veritex Holdings shares are buying and selling at round $26.90 with a 52-week vary of $25.99 to $41.75, giving the corporate a market capitalization of greater than $1.4 billion.
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Sandy Spring Bancorp
Based in 1868 and headquartered in Olney, Md., this firm offers industrial banking, retail banking, and belief providers. Sandy Spring Bancorp Inc (NASDAQ:SASR) shares are down by over 6% yr to this point, bringing their 12-month return to -29%.
As of this writing, Sandy Spring Bancorp shares are buying and selling at round $34.50 with a 52-week vary of $31.49 to $48.73, giving the corporate a market capitalization of greater than $1.5 billion.
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Neighborhood Financial institution System
Based in 1983 and headquartered in DeWitt, N.Y., this firm provides retail, enterprise, and municipal banking providers. Neighborhood Financial institution System, Inc. (NYSE:CBU) shares are down by over 12% yr to this point, bringing their 12-month return to -23%.
As of this writing, Neighborhood Financial institution System shares are buying and selling at round $54.90 with a 52-week vary of $54.63 to $74.05, giving the corporate a market capitalization of greater than $2.9 billion.
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Virtu Monetary
Based in 2008 and headquartered in New York Metropolis, this firm provides market making and liquidity providers. Virtu Monetary Inc (NASDAQ:VIRT) shares are down by virtually 6% yr to this point, bringing their 12-month return to virtually -37%.
As of this writing, Virtu Monetary shares are buying and selling at round $19.20 with a 52-week vary of $18.41 to $38.63, giving the corporate a market capitalization of greater than $3.4 billion.
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Nationwide Gasoline Fuel
Based in 1902 and headquartered in Williamsville, N.Y., this firm offers in pure gasoline. Nationwide Gasoline Fuel Co. (NYSE:NFG) shares are down by over 9% yr to this point, bringing their 12-month return to -4%.
As of this writing, Nationwide Gasoline Fuel shares are buying and selling at round $58 with a 52-week vary of $56.47 to $75.97, giving the corporate a market capitalization of greater than $5.2 billion.