Stocks That Fell to 3-Year Lows in the Week of July 12

Regeneron Pharmaceuticals Inc., Ryanair Holdings PLC, Iron Mountain Inc. and Molson Coors Brewing Co. have declined to their respective three-year lows

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Jul 14, 2019
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Regeneron Pharmaceuticals Inc. (REGN, Financial), Ryanair Holdings PLC (RYAAY, Financial), Iron Mountain Inc. (IRM, Financial), and Molson Coors Brewing Co. (TAP, Financial) have declined to their three-year lows.

Regeneron Pharmaceuticals Inc. (REGN, Financial) declined to $292.56

The prices of Regeneron Pharmaceuticals Inc. (REGN, Financial) shares have declined to $292.56 on July 12, which is only 3.6% above the 3-year low of $281.89.

Regeneron Pharmaceuticals Inc. is an American biotechnology company. Originally, the company focused on neurotrophic factors and their regenerative capabilities but has since branched out into the research of cytokine and tyrosine kinase receptors. The company is a component of both the NASDAQ-100 and S&P 500.

Regeneron Pharmaceuticals Inc. has a market cap of $32.08 billion; its shares were traded around $292.56 with a P/E ratio of 13.84 and P/S ratio of 4.87. Regeneron Pharmaceuticals Inc. had an annual average earnings growth of 29.40% over the past 5 years.

On July 1 Regeneron Pharmaceuticals Inc. announced that the European Commission has granted marketing authorization for Libtayo, a drug for the treatment of adults with metastatic or locally cutaneous squamous cell carcinoma (CSCC). The drug is a human monoclonal antibody targeting the immune checkpoint receptor PD-1 and is the only treatment for advanced CSCC in the European Union.

Ryanair Holdings PLC (RYAAY, Financial) declined to $63.65

The prices of Ryanair Holdings PLC (RYAAY, Financial) shares have declined to $63.65 on July 12, which is only 4.4% above the 3-year low of $60.83.

Ryanair Holdings PLC is an Irish airline that is one of the largest European airlines by schedule passengers flown. In 2016, the company carried more international passengers than any other airline. The airline owns a fleet of 444 planes and is known for its low fares.

Ryanair Holdings PLC has a market cap of $12.82 billion; its shares were traded around $63.65 with a P/E ratio of 13.41 and P/S ratio of 1.53. Ryanair Holdings PLC had an annual average earnings growth of 21.70% over the past 10 years.

On June 11 Ryanair Holdings PLC announced that it has agreed to purchase Malta Air, a Maltese start up airline. The company will move and grow its Malta based fleet of 6 B737 into the new airline. The investment in Malta Air will allow Ryanair to grow its customer base in Malta and to access non-European markets. Completion of the acquisition is planned for the end of June.

Iron Mountain Inc. (IRM, Financial) declined to $30.17

The prices of Iron Mountain Inc. (IRM, Financial) shares have declined to $30.17 on July 12, which is only 2.4% above the 3-year low of $29.44.

Iron Mountain Inc. is an American international enterprise information management services company that specializes in records management, information destruction, and data backup and recovery services. The company is a component of the S&P 500 Index and a member of the FTSE4Good Index.

Iron Mountain Inc. has a market cap of $8.66 billion; its shares were traded around $30.17 with a P/E ratio of 24.94 and P/S ratio of 2.02. The trailing 12-month dividend yield of Iron Mountain Inc. stocks is 8.00%. The forward dividend yield of Iron Mountain Inc. stocks is 8.24%. Iron Mountain Inc. had an annual average earnings growth of 0.30% over the past 10 years.

On July 11 Iron Mountain Inc. announced an expansion to its Data Restoration and Migration Services to assist customers seeking to migrate tape-based data to Amazon Web Services. With the new offering, clients will have the opportunity to modernize their data management strategy while maintaining high levels of security. The company also announced that it has joined the Amazon Web Services Partner Network as a select Technology Partner.

Molson Coors Brewing Co. (TAP, Financial) declined to $54.38

The prices of Molson Coors Brewing Co. (TAP, Financial) shares have declined to $54.38 on July 12, which is only 2.1% above the 3-year low of $53.25.

Molson Coors Brewing Co. is an American international brewing company that was formed in 2005 by the merger of two companies: Molson, which was based in Canada, and Coors, which was based in the United States. The company is the world’s seventh largest brewer by volume.

Molson Coors Brewing Co. has a market cap of $11.79 billion; its shares were traded around $54.38 with a P/E ratio of 11.89 and P/S ratio of 1.09. The trailing 12-month dividend yield of Molson Coors Brewing Co. stocks is 3.01%. The forward dividend yield of Molson Coors Brewing Co. stocks is 2.99%. Molson Coors Brewing Co. had an annual average earnings growth of 9.70% over the past 10 years.

On May 23 Molson Coors Brewing Co. declared a regular quarterly dividend of $0.41 per share on its Class A and Class B common shares. Molson Coors Canada Inc. also declared a quarterly cash dividend of CDN $0.55 on its Class A and Class B common shares. Both dividends were paid on June 14 to shareholders of record at the close of business on June 3.

Disclosure: I do not own stock in any of the companies mentioned in the article.