Where The Selling Ran Deepest: 23 Stocks At 52-Week Lows

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A new list of market lows surfaces even as the broader index climbs, raising questions about value and damage.

While the S&P 500 has returned +1.6% over the last month, a different story is unfolding for a select group of companies. On Tuesday, 23 stocks from the Russell 3000 are trading at their 52-week lows. The list includes Summit Therapeutics (SMMT), a company with a market value of about $9.7 billion, and Boost Run (BRUN), which has seen its stock slide 51.2% over the last month.

This raises a critical question for any investor: when does a new low signal a broken company versus a business on sale? The full list of names follows.

Photo by ArtsyBee on Pixabay

The Complete 52-Week-Low List

Here are all 23 names, sorted by market capitalization, with returns over four windows:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
SMMT $9.7 Bil -4.2% -14.2% -10.4% -56.2%
MP $7.3 Bil -4.3% -10.8% -23.4% -33.5%
OKLO $6.7 Bil -5.3% -10.3% -20.8% -47.6%
PRIM $4.3 Bil -7.8% -10.1% -15.2% -14.8%
CRK $3.6 Bil -4.8% -6.8% -13.4% -40.3%
MWH $2.9 Bil -9.3% -10.8% -29.0% n/a
EMAT $2.9 Bil -5.3% -11.1% -32.6% n/a
XXI $2.9 Bil -2.9% -10.6% -17.3% n/a
KLRA $2.0 Bil -4.2% -9.1% -19.6% n/a
TRLV $1.6 Bil 0.0% -7.0% -7.3% n/a
TMC $1.5 Bil -5.0% -10.7% -15.5% -53.9%
BBAI $1.3 Bil -2.5% -6.1% -20.7% -62.7%
QNT $1.3 Bil -5.8% -15.0% -34.1% n/a
EOSE $1.1 Bil -6.6% -20.5% -43.2% -47.1%
BRUN $0.8 Bil -13.8% -34.6% -51.2% n/a
ARRY $0.8 Bil -7.4% -15.6% -28.4% -26.2%
KDK $0.7 Bil -3.3% -5.9% -19.6% n/a
HNRG $0.7 Bil -3.9% -12.0% -16.7% -9.8%
PSIX $0.6 Bil -7.2% -12.2% -26.6% -69.2%
GTN-A $0.6 Bil -2.7% -11.9% -5.6% -37.2%
VTS $0.6 Bil -1.6% -5.7% -5.0% -31.9%
METC $0.6 Bil -4.1% -17.9% -22.4% -56.7%
SPRY $0.6 Bil -1.6% -10.8% -33.6% -68.3%

Is a falling stock price always a sign of a shrinking business?

The data suggests otherwise. Consider MP Materials (MP), the second-largest company on today’s list with a market value of about $7.3 billion. While its stock has declined 23.4% over the last month, its revenue grew 17.7% over the last twelve months.

Similarly, Comstock Resources (CRK) saw its revenue grow 39.9% over the last twelve months, and it now trades at 5.6 times trailing earnings.

A new low is a signal to check the fundamentals, not the ticker.

A list of stocks at their weakest price of the last year is not an automatic shopping list. A 52-week low can mark a business with genuine operational damage, or it can represent a temporarily marked-down asset.

The disciplined move is to treat the price as a signal to investigate the business itself. The real work begins after the screen, not before it.

A 52-week-low list tells you where the pain is; it does not tell you which of these declines are worth buying. That second question is what our Buy the Dip screen answers, every day: beaten-down names where the fundamentals still hold up.

A 52 Week Low Is A Stress Test For Concentrated Portfolios

Every stock on this list just showed its holders what a bad year feels like. How much damage any single position could do to your net worth is a question with a precise answer. The Trefis Wealth team computes it for investors professionally, with the same rules-based systematic discipline that runs our High Quality Portfolio. Request a free vulnerability audit of your biggest positions.