Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, October 3, 2011

Insider Ownership Increasing: (HRB), (MCF), (OPK), (FDML), (STEI)

Shares of H&R Block, Inc. (HRB) traded higher by 0.23% or $0.03/share to $13.34. In the past year, the shares have traded as low as $9.71 and as high as $17.63. On average, 4177899 shares of HRB exchange hands on a given day and today's volume is recorded at 1217396. 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 $13.86 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.13%.

Shares of Contango Oil & Gas Co. (MCF) fell by 0.16% or $-0.09/share to $54.62. In the past year, the shares have traded as low as $49.54 and as high as $67.25. On average, 118160 shares of MCF exchange hands on a given day and today's volume is recorded at 92170. 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 $59.15 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 17.0%.

Shares of Opko Health, Inc. (OPK) fell by 0.7% or $-0.03/share to $4.3. In the past year, the shares have traded as low as $2.18 and as high as $5.03. On average, 1247620 shares of OPK exchange hands on a given day and today's volume is recorded at 515629. 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 $4.16 area where the stock will likely see buying pressure. The stock has insider ownership of 1.5%.

Shares of Federal-Mogul Corp. (FDML) traded higher by 1.69% or $0.25/share to $15.0. In the past year, the shares have traded as low as $14.11 and as high as $27.20. On average, 203190 shares of FDML exchange hands on a given day and today's volume is recorded at 115267. 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 $16.61 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.06%.

Shares of Stewart Enterprises Inc. (STEI) traded higher by 0.42% or $0.02/share to $5.97. In the past year, the shares have traded as low as $5.14 and as high as $8.31. On average, 525740 shares of STEI exchange hands on a given day and today's volume is recorded at 340455. 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 $6.00 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.66%.