Extraordinary Volume Detected In (TSE: WLT.TO)

Walter Energy, Inc. (TSE: WLT): fell by 25.70% or $-27.35/share to $79.05. In the past year, the shares have traded as low as $103.00 and as high as $133.40. On average, 2781 shares of WLT.TO exchange hands on a given day and today's volume is recorded at 62034. 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 $112.10 area but be careful because the stock may face selling pressure at this level.