Stocks Hitting New 52 Week Lows (ADT, ATML, JBL, OCZ)

Los Angelas, CA -- (SBWIRE) -- 10/15/2012 -- Research analysts at Morgan Stanley assumed coverage on shares of ADT (NYSE: ADT) in a report released on Monday. The firm sets an “equal weight” rating on the stock. ADT opened at 36.48 on Monday. ADT has a 52-week low of $35.75 and a 52-week high of $40.35.ADT has been the subject of a number of other recent research reports. Analysts at Imperial Capital initiated coverage on shares of an ADTin a research note to investors on Tuesday, October 2nd. They set an “outperform” rating and a $41.00 price target on the stock. Analysts at Barclays Capital initiated coverage on shares of an ADT in a research note to investors on Thursday, September 20th. They set an “equal weight” rating and a $38.00 price target on the stock.The ADT Corporation (ADT) is a provider of electronic security, interactive home and business automation and related monitoring services.ADTCorporation C (NYSE:ADT) is very active today and traded between $35.375 - 36.28 with total traded volume of 1583939 shares. At a current price of 36.15, ADT is -0.33 - -0.90% from the previous close of $36.48. Moreover, At Current Market Price, ADT is in distance of -4.29% from its 50-day Moving Average price of $37.7722 and -4.29% from its 200-day Moving Average price of $37.7722.

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Atmel Corporation (NASDAQ:ATML) develops, manufactures, and sells semiconductor integrated circuit (IC) products. Atmel Corporation’s RSI is now at 28.40.The stock has shown a downtrend of -41.60% this year with a monthly performance of -24.44% and a 3-month performance down -23.21%.Its latest closing price was down -38.99% from an average-price of 200 days while it maintained a distance from SMA50 at -18.78% and -15.12% compared with the SMA20. Its shares were down -0.63% compared with 52 week low and were 59.64% below 52 week high.Just last year Atmel traded for over $16 and now it is trading under $5 (under book value). Atmel raised and crashed because of the promise of increased touch sensor sales that the Android tablet market failed to deliver and lost market share in the smart phone segment to cheaper competition in the low end and greater competition in the high end smart phones. But now with xSense Atmel gains a price advantage that can't be argued with.

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Jabil Circuit, Inc. (NYSE:JBL) is a provider of worldwide electronic manufacturing services and solutions. The Company provides electronics design, production, product management and aftermarket services to companies in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, solar, storage and telecommunications industries. Jabil operates in three segments: Diversified Manufacturing Services (DMS), Enterprise & Infrastructure (E&I) and High Velocity Systems (HVS).Jabil Circuit, In (NYSE:JBL) is +0.04 - +0.23% from the previous close of $17.03. It traded between $16.82 - 17.16 with total traded volume of 1145562 shares. At Current Market Price, JBL is in distance of -17.31% from its 50-day Moving Average price of $20.6443 and -18.81% from its 200-day Moving Average price of $21.0239.

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OCZ Technology Group Inc (NASDAQ:OCZ) plunged 20.97% and closed at $1.47 on a traded volume of 13.50 million shares.The stock went down after the Company postponed its secondquarter earnings filing and saying revenue for the period will be “materially lower” than previously forecast.It is investigating potential claims against the board of directors of OCZ Technology Group, Inc. (OCZ or the Company). On October 10, 2012 the Company announced that it was delaying the filing of its financial results for the second quarter of fiscal year 2013, which ended August 31, 2012. According to the Company, OCZ's second quarter revenue will be materially lower than its previous guidance of revenue in the range of $110 to $120 million, which was issued September 5, 2012, principally due to the impact of customer incentive programs," and that the Company also expects to report a net loss for second-quarter 2013. Additionally, OCZ announced on October 9, 2012, that the Company's Chief Executive Officer, Ryan M. Petersen, had resigned on September 17, 2012.

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