Among the most volatile stocks traded on July 5 were: Sequans Communications S.A. Ame, Mobile Mini, Inc, ValueVision Media Inc, Pandora Media, Inc. Common Stoc, and NetScout Systems Inc. These stocks are risky as they have high volatility. Since these stocks carry a lot of risk, they will usually provide large returns. This high volatility could be caused by their business strategy or the type of sector they are in.
Shares of Sequans Communications S.A. Ame (SQNS) traded higher by 9.9% or $1.44/share to $15.99. In the past year, the shares have traded as low as $7.95 and as high as $19.50. On average, 1031069 shares of SQNS exchange hands on a given day and today's volume is recorded at 591055. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $12.00 area where the stock will likely see buying pressure.
Shares of Mobile Mini, Inc. (MINI) traded higher by 0.37% or $0.08/share to $21.74. In the past year, the shares have traded as low as $14.14 and as high as $25.49. On average, 260800 shares of MINI exchange hands on a given day and today's volume is recorded at 91246. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $21.64 area where the stock will likely see buying pressure.
Shares of ValueVision Media Inc. (VVTV) fell by 6.67% or $-0.55/share to $7.69. In the past year, the shares have traded as low as $1.41 and as high as $8.73. On average, 545890 shares of VVTV exchange hands on a given day and today's volume is recorded at 299874. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.87 area where the stock will likely see buying pressure.
Shares of Pandora Media, Inc. Common Stoc (P) fell by 4.74% or $-0.95/share to $19.09. In the past year, the shares have traded as low as $12.16 and as high as $26.00. On average, 6554920 shares of P exchange hands on a given day and today's volume is recorded at 763814. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $15.80 area.
Shares of NetScout Systems Inc. (NTCT) fell by 16.53% or $-3.50/share to $17.68. In the past year, the shares have traded as low as $13.50 and as high as $27.83. On average, 287310 shares of NTCT exchange hands on a given day and today's volume is recorded at 1257498. 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 $22.31 area but be careful because the stock may face selling pressure at this level.
