As the first week of 2013 comes to a close, many of you may like to take a look back at some mid cap companies that have shown downbeat performance over the last year.
Among decliners, Mellanox Technologies, Ltd. (NASDAQ:MLNX) has been one of the worst performers in 2013 with a year-to-date performance of -11.91%. The stock, as of last close, traded 74.37% up from its 52 week low and was 56.43% behind its 52 week high.[article_detail_ad_1]
Its latest closing price was -31.93% down from the SMA200 while the distance from SMA 50 and SMA 20 was -28.29% and -17.33% respectively. MLNXa fabless semiconductor company, produces and supplies interconnect products for computing, storage, and communication applications in the computing, Web 2.0, storage, financial services, database, and cloud markets.
Another worst performing stock Family Dollar Stores, Inc.(NYSE:FDO) operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. Family Dollar Stores, Inc. has a performance down -10.66%.
Its price, as of the latest close, was up 8.26% compared with the 52 week low and was 23.69% below the 52 week high. The stock’s latest closing price was -13.69% down from an average-price of 200 days while it kept its distance from the SMA 50 at -14.46% and -12.85% compared with the SMA 20.
Palo Alto Networks Inc (NYSE:PANW) so far this year has moved down -9.85% and its monthly performance stands at -10.07%. The stock was 1.30% up compared with the 52 week low and was 33.55% below the 52 week high.
Its latest closing price was -18.04% down from an average-price of 200 days while it kept its distance from the SMA 50 at -10.09% and -6.18% compared with the SMA 20. PANWoperates a platform that allows enterprises, service providers, and government entities to secure their networks and safely enable various applications running on their networks.
Allied Nevada Gold Corp.(NYSEAMEX:ANV) together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects. Allied Nevada Gold Corp. has shown a downtrend of -8.23% this year with a monthly performance of -13.32% and 3-month performance down -29.52%.
The stock was up 16.72% compared with the 52 week low and was 32.59% below the 52 week high. Its latest closing price was -11.12% down from an average-price of 200 days while it maintained a distance from the SMA 50 at -15.42% and -7.94% compared with the SMA 20.
Fortinet, Inc.(NASDAQ:FTNT) so far this year has moved down -8.14% and its monthly performance stands at -3.11%. FTNT together with its subsidiaries, provides network security solutions to enterprises, service providers, and government entities worldwide.
The recent share price was 10.15% up compared with the 52 week low and was 33.00% below the 52 week high. Its latest closing price was -17.37% down from an average-price of 200 days while it kept its distance from the SMA 50 at -2.12% and -6.07% compared with the SMA 20.