Among the most volatile stocks traded on September 7 were: KiOR, Inc, Stratasys Inc, MGIC Investment Corp, Petroleum Development Corporation, and Navistar International Corp. 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 KiOR, Inc. (KIOR) traded higher by 4.55% or $0.63/share to $14.49. In the past year, the shares have traded as low as $8.88 and as high as $15.76. On average, 257700 shares of KIOR exchange hands on a given day and today's volume is recorded at 11560. 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 $13.40 area.
Shares of Stratasys Inc. (SSYS) traded higher by 15.23% or $3.21/share to $24.29. In the past year, the shares have traded as low as $20.09 and as high as $55.66. On average, 325780 shares of SSYS exchange hands on a given day and today's volume is recorded at 213167. 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 $29.16 area but be careful because the stock may face selling pressure at this level.
Shares of MGIC Investment Corp. (MTG) traded higher by 22.27% or $0.51/share to $2.8. In the past year, the shares have traded as low as $1.59 and as high as $11.79. On average, 8421100 shares of MTG exchange hands on a given day and today's volume is recorded at 4551417. 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 $3.89 area but be careful because the stock may face selling pressure at this level.
Shares of Petroleum Development Corporation (PETD) traded higher by 12.55% or $2.73/share to $24.48. In the past year, the shares have traded as low as $20.83 and as high as $49.60. On average, 409130 shares of PETD exchange hands on a given day and today's volume is recorded at 178077. 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 $29.80 area but be careful because the stock may face selling pressure at this level.
Shares of Navistar International Corp. (NAV) fell by 0.03% or $-0.01/share to $38.79. In the past year, the shares have traded as low as $33.66 and as high as $71.49. On average, 1575820 shares of NAV exchange hands on a given day and today's volume is recorded at 1108442. 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 $47.42 area but be careful because the stock may face selling pressure at this level.
