Among the most volatile stocks traded on September 7 were: AsiaInfo-Linkage,Inc, Meritor, Inc. Common Stock, Quad/Graphics, Inc, Francesca's Holdings Corporatio, and United Online, 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 AsiaInfo-Linkage,Inc. (ASIA) traded higher by 1.51% or $0.16/share to $10.75. In the past year, the shares have traded as low as $8.21 and as high as $24.50. On average, 1078490 shares of ASIA exchange hands on a given day and today's volume is recorded at 244849. 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 $13.31 area but be careful because the stock may face selling pressure at this level.
Shares of Meritor, Inc. Common Stock (MTOR) traded higher by 2.99% or $0.22/share to $7.57. In the past year, the shares have traded as low as $2.10 and as high as $9.53. On average, 561030 shares of MTOR exchange hands on a given day and today's volume is recorded at 854946. 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 $5.22 area where the stock will likely see buying pressure.
Shares of Quad/Graphics, Inc. (QUAD) traded higher by 9.42% or $1.71/share to $19.87. In the past year, the shares have traded as low as $17.68 and as high as $48.62. On average, 192440 shares of QUAD exchange hands on a given day and today's volume is recorded at 85404. 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 $28.89 area but be careful because the stock may face selling pressure at this level.
Shares of Francesca's Holdings Corporatio (FRAN) fell by 5.9% or $-1.24/share to $19.78. In the past year, the shares have traded as low as $19.86 and as high as $29.75. On average, 616430 shares of FRAN exchange hands on a given day and today's volume is recorded at 197021. 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 $24.83 area but be careful because the stock may face selling pressure at this level.
Shares of United Online, Inc. (UNTD) traded higher by 11.03% or $0.57/share to $5.74. In the past year, the shares have traded as low as $4.71 and as high as $7.14. On average, 761420 shares of UNTD exchange hands on a given day and today's volume is recorded at 408909. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $6.05 represents resistance and the 50-day moving average of $5.64 would be an area of support.
