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Barchart
Will Ashworth

Zimmer Biomet Hits 34th 52-Week Low: Value Play or Value Trap?

Zimmer BioMet ZBH NYSE Pfizer

In Tuesday’s trading, 24 NYSE stocks hit new 52-week highs, and 15 hit new 52-week lows. On the Nasdaq, the news wasn’t so pretty, with 88 stocks hitting new 52-week lows, 6.3x those hitting new 52-week highs. 

Among the 15 NYSE stocks hitting new 52-week lows, Zimmer Biomet (ZBH), a maker of orthopedic-related medical devices, hit its 34th of the past 12 months.

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