Among the most volatile stocks traded on September 9 were: Entropic Communications, Inc, Extorre Gold Mines Ltd. Ordinar, ExamWorks Group, Inc, Vantage Drilling Company, and Korn/Ferry International. 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 Entropic Communications, Inc. (ENTR) traded higher by 5.29% or $0.23/share to $4.58. In the past year, the shares have traded as low as $3.36 and as high as $13.96. On average, 3083490 shares of ENTR exchange hands on a given day and today's volume is recorded at 332484. 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 $6.08 area but be careful because the stock may face selling pressure at this level.
Shares of Extorre Gold Mines Ltd. Ordinar (XG) traded higher by 3.46% or $0.37/share to $11.06. In the past year, the shares have traded as low as $4.07 and as high as $15.42. On average, 264830 shares of XG exchange hands on a given day and today's volume is recorded at 168077. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $12.08 represents resistance and the 200-day moving average of $8.58 would be an area of support.
Shares of ExamWorks Group, Inc. (EXAM) fell by 5.97% or $-0.77/share to $12.12. In the past year, the shares have traded as low as $11.58 and as high as $26.48. On average, 432650 shares of EXAM exchange hands on a given day and today's volume is recorded at 210169. 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 $18.90 area but be careful because the stock may face selling pressure at this level.
Shares of Vantage Drilling Company (VTG) traded higher by 4.8% or $0.06/share to $1.31. In the past year, the shares have traded as low as $0.97 and as high as $2.26. On average, 2099200 shares of VTG exchange hands on a given day and today's volume is recorded at 255862. 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 $1.53 area but be careful because the stock may face selling pressure at this level.
Shares of Korn/Ferry International (KFY) fell by 7.27% or $-1.09/share to $13.9. In the past year, the shares have traded as low as $13.99 and as high as $24.77. On average, 447740 shares of KFY exchange hands on a given day and today's volume is recorded at 309624. 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 $18.97 area but be careful because the stock may face selling pressure at this level.
