Last week's top five stocks that reached their 52-week lows were Cephalon Inc, Ghl Acquisition Corp, First BanCorp, and Westfield Financial Inc. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.
Last week's top two out of favor industries were the Banking and Electricity industries. In the banking industry, 29 stocks have reached their 52-week lows, while 36 have reached their 52-week highs, giving the industry a low/high ratio of 0.81. In the Electricity industry, 2 stocks have reached their 52-week lows, while 11 have reached their 52-week highs.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
Cephalon Inc. (CEPH, Financial) Reached the 52-Week Low of $54.47
The prices of Cephalon Inc. (CEPH) shares have declined to close to the 52-week low of $54.47, which is 33.6% off the 52-week high of $80.26. Cephalon Inc. is owned by 1 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter. 3 reduced their positions. Cephalon is an international biopharmaceutical company focused on thediscovery development and marketing of products to treat sleep disordersneurological disorders cancer and pain. In addition to an active research and development program they market products in the United States and various countries in Europe. Cephalon Inc. has a market cap of $4.15 billion; its shares were traded at around $54.47 with a P/E ratio of 10.33 and P/S ratio of 2.1. Cephalon Inc. had an annual average earning growth of 10.1% over the past 5 years.
Cephalon recently reported its second quarter 2009 results. The company announced that its sales were $539 million, up 11% compared to $485 million in the second quarter of 2008. "With our recent business development activities and our fourth product launch in four years, we continue to build Cephalon into a premier biotech company," said Frank Baldino, Jr., Ph.D., Chairman and CEO. "NUVIGIL, our most recent product launch, is off to a great start and in order to serve additional patients we continue to make meaningful progress with our clinical programs to further develop this product. In addition, TREANDA and AMRIX continue to experience tremendous year-over-year growth. We plan to continue to execute upon our strategy of diversification through both our internal discovery and business development activities while delivering solid financial performance."
Edward Owens owns 2,002,000 shares as of 06/30/2009, an increase of 42.8% from the previous quarter. This position accounts for 0.68% of the $16.74 billion portfolio of Vanguard Health Care Fund. Ken Heebner sold out his holdings in the quarter that ended on 06/30/2009. Richard Aster Jr sold out his holdings in the quarter that ended on 06/30/2009. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 06/30/2009.
Sell: Exec. VP, Chief Compliance Off Valli F. Baldassano sold 650 shares of CEPH stock on 09/21/2009 at the average price of $59.75; the price of the stock has decreased by 8.84% since.
Ghl Acquisition Corp (IRDM, Financial) Reached the 52-Week Low of $8.64
The prices of Ghl Acquisition Corp (IRDM) shares have declined to close to the 52-week low of $8.64, which is 25.5% off the 52-week high of $11.55. Ghl Acquisition Corp is owned by 1 Gurus we are tracking. GHL ACQUISITION CORP. is a newly formed blank check company organized for the purpose of effecting a merger capital stock exchange asset acquisition stock purchase reorganization or other similar business combination with one or more businesses or assets which they refer to as their initial business combination. The company has a market cap of $516.04 million; its shares were traded at around $8.64 .
Jean-Marie Eveillard bought 363,900 shares in the quarter that ended on 06/30/2009, which is 0.04% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Seth Klarman sold out his holdings in the quarter that ended on 06/30/2009.
Buy: CEO Scott L Bok bought 700 shares of IRDM stock on 09/04/2009 at the average price of $9.95; the price of the stock has decreased by 13.17% since. Other insiders have also increased their positions in the company.
First BanCorp. (FBP, Financial) Reached the 52-Week Low of $2.68
The prices of First BanCorp. (FBP) shares have declined to close to the 52-week low of $2.68, which is 77.2% off the 52-week high of $12.17. First BanCorp. is owned by 1 Guru we are tracking. First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices the Corporation has offered a telephone information service called `Telebanco` since 1983. This was the first telebanking service offered in Puerto Rico. The Corporation's clients have access to an extensive ATM network all over the world. The Corporation was the first in Puerto Rico to open on weekends and the first to offer in-store branches to its clients. First Bancorp. has a market cap of $257.27 million; its shares were traded at around $2.68 with and P/S ratio of 0.21. First Bancorp. had an annual average earning growth of 11.1% over the past 10 years.
First Bancorp recently reported its second quarter results. The company announced that its second quarter net income was $35 million, compared to $5.3 million in the second quarter of 2008. The company realized a $53.8 million gain related the the acquisition of Cooperative Bank.
Arnold Schneider owns 2,588,250 shares as of 06/30/2009, which accounts for 0.71% of the $1.44 billion portfolio of Schneider Capital Management.
Buy: EVP & General Counsel Lawrence Odell bought 10,000 shares of FBP stock on 08/10/2009 at the average price of $4.03; the price of the stock has decreased by 33.5% since. Another insider has also recently increased their position in the company.
Westfield Financial Inc (WFD, Financial) Reached the 52-Week Low of $8.5
The prices of Westfield Financial Inc (WFD) shares have declined to close to the 52-week low of $8.5, which is 20.2% off the 52-week high of $10.36. Westfield Financial Inc is owned by 1 Guru we are tracking, who reduced their positions in the company. Westfield Financial Inc. is the holding company for Westfield Bank. Westfield Financial Inc has a market cap of $256.25 million; its shares were traded at around $8.5 with a P/E ratio of 37.68 and P/S ratio of 4.45. The dividend yield of Westfield Financial Inc stocks is 2.41%. Westfield Financial Inc had an annual average earning growth of 17.8% over the past 5 years.
Westfield Financial recently reported its results for the quarter and six months ended June 30, 2009. The company announced that its net income was $1.1 million, or 4 cents per diluted share, compared to $2.1 million, or 7 cents per diluted share a year ago. For the six months ended in the second quarter, net income was $2.3 million, or 8 cents per diluted share, compared to 13 cents per diluted share a year ago.
John Keeley owns 2,891,510 shares as of 06/30/2009, which accounts for 0.45% of the $5.82 billion portfolio of Keeley Fund Management.
Sell: President and CEO James C Hagan sold 1,301 shares of WFD stock on 07/28/2009 at the average price of $9.26; the price of the stock has decreased by 8.21% since. Other insiders have also decreased their positions in the company.
