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Barchart
Will Ashworth

Euronet Worldwide at New 52-Week Low: Value Play Emerging?

Euronet Worldwide EEFT CoreCard Kansas City

In Tuesday trading, the NYSE had 86 new 52-week highs and 63 new 52-week lows. Meanwhile, over on the Nasdaq, there were 241 new 52-week highs, more than double the 116 new 52-week lows. 

One of the new 52-week lows was Euronet Worldwide (EEFT), a payments provider based in Kansas City. It hit its 16th new 52-week low of the past 12 months. Down over 11% over the past year, EEFT stock is trailing the S&P 500 by nearly 26 percentage points. It has only traded this low on five occasions over the past eight years. 

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