The following stocks were among the worst performers for the week: Armstrong World Industries, Inc, Loral Space & Communications, Inc, The Governor and Company of The Bank of Ireland, Global Payments Inc, and Alliance Holdings GP, L.P.
Shares of Armstrong World Industries, Inc (AWI) had a total return loss of -17.83% for the week and are currently trading at $47.13. In the past year, the shares have traded as low as $32.47 and as high as $59.78. On average, 288130 shares of AWI exchange hands on a given day and today's volume is recorded at 238658. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $51.42 represents resistance and the 200-day moving average of $43.43 would be an area of support.
Shares of Loral Space & Communications, Inc (LORL) had a total return loss of -17.7% for the week and are currently trading at $66.0. In the past year, the shares have traded as low as $45.65 and as high as $82.48. On average, 69970 shares of LORL exchange hands on a given day and today's volume is recorded at 483150. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $73.15 represents resistance and the 200-day moving average of $63.45 would be an area of support.
Shares of The Governor and Company of The Bank of Ireland (IRE) had a total return loss of -16.62% for the week and are currently trading at $5.72. In the past year, the shares have traded as low as $3.99 and as high as $26.89. On average, 1686260 shares of IRE exchange hands on a given day and today's volume is recorded at 1831962. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.10 area but be careful because the stock may face selling pressure at this level.
Shares of Global Payments Inc (GPN) had a total return loss of -12.58% for the week and are currently trading at $45.66. In the past year, the shares have traded as low as $38.23 and as high as $53.93. On average, 883200 shares of GPN exchange hands on a given day and today's volume is recorded at 1089178. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $46.98 area where the stock may encounter resistance.
Shares of Alliance Holdings GP, L.P (AHGP) had a total return loss of -12.43% for the week and are currently trading at $40.22. In the past year, the shares have traded as low as $39.27 and as high as $53.99. On average, 53850 shares of AHGP exchange hands on a given day and today's volume is recorded at 70671. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $48.14 area where the stock may encounter resistance.
