S&P 1500 Stocks Furthest From Their 52-Week Highs

Earlier today, we posted an analysis showing how S&P 1500 sectors were trading relative to their 52-week highs. One trend that stood out was in Energy where stocks in the sector were down an average of more than 42% from their respective 52-week highs. The table below lists the thirty stocks in the S&P 1500 that are currently the furthest below their 52-week highs, and as you might expect, there are a lot of Energy names listed. Who knows when and if the Energy sector will rebound, but there haven’t been many times since the late 1990s where the sector was this far out of favor.

Even though stocks in the Energy sector account for less than 90 of the 1,500 stocks in the S&P 1500, 18 of them are on the list of stocks down the most from their 52-week highs. That’s right, about 20% of Energy stocks are down by more than two-thirds from their 52-week highs! The two biggest losers in the sector (and the S&P 1500 overall) are Unit (UNT) and McDermott International (MDR), which are both down by over 90%. Besides the 18 stocks from the Energy sector, the next closest is Consumer Discretionary with just four members on the list. While you probably haven’t heard of most of the stocks from the Energy sector, the four Consumer Discretionary stocks – Tupperware (TUP), Tailored Brands (TLRD), Signet Jewelers (SIG), and Fossil (FOSL) – are all pretty well known.

(Click on image to enlarge)

Sign up for Bespoke’s “2020” special and get our upcoming  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.