Among the most volatile stocks traded on September 6 were: Sagent Pharmaceuticals, Inc, Exeter Resource Corporation, Hollysys Automation Technologies, Ltd, Blyth, Inc, and First Busey Corporation. 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 Sagent Pharmaceuticals, Inc. (SGNT) fell by 2.43% or $-0.49/share to $19.7. In the past year, the shares have traded as low as $13.50 and as high as $29.23. On average, 102120 shares of SGNT exchange hands on a given day and today's volume is recorded at 13720. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $23.95 area where the stock may encounter resistance.
Shares of Exeter Resource Corporation (XRA) traded higher by 14.98% or $0.68/share to $5.22. In the past year, the shares have traded as low as $3.88 and as high as $7.20. On average, 410140 shares of XRA exchange hands on a given day and today's volume is recorded at 1069975. 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 $5.09 area.
Shares of Hollysys Automation Technologies, Ltd (HOLI) traded higher by 7.94% or $0.47/share to $6.39. In the past year, the shares have traded as low as $4.54 and as high as $18.15. On average, 741600 shares of HOLI exchange hands on a given day and today's volume is recorded at 469969. 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 $7.64 area but be careful because the stock may face selling pressure at this level.
Shares of Blyth, Inc. (BTH) traded higher by 15.66% or $8.31/share to $61.38. In the past year, the shares have traded as low as $30.21 and as high as $67.42. On average, 78510 shares of BTH exchange hands on a given day and today's volume is recorded at 118646. 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 $56.75 area where the stock will likely see buying pressure.
Shares of First Busey Corporation (BUSE) fell by 1.83% or $-0.08/share to $4.28. In the past year, the shares have traded as low as $4.09 and as high as $5.62. On average, 264940 shares of BUSE exchange hands on a given day and today's volume is recorded at 165667. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $4.87 area where the stock may encounter resistance.
