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Friday, October 14, 2011

Insider Selling In These Stocks: (RT), (INSP), (MAT), (SLAB), (BIOS)

Shares of Ruby Tuesday, Inc. (RT) fell by 0.26% or $-0.02/share to $7.76. In the past year, the shares have traded as low as $6.35 and as high as $15.57. On average, 906370 shares of RT exchange hands on a given day and today's volume is recorded at 45605. 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 $10.79 represents resistance and the 50-day moving average of $7.73 would be an area of support. The stock has insider ownership of 2.67%.

Shares of InfoSpace Inc. (INSP) remained unchanged at $8.93. In the past year, the shares have traded as low as $7.33 and as high as $9.85. On average, 270590 shares of INSP exchange hands on a given day and today's volume is recorded at 5500. 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 $9.02 represents resistance and the 200-day moving average of $8.80 would be an area of support. The stock has insider ownership of 1.21%.

Shares of Mattel Inc. (MAT) fell by 0.76% or $-0.21/share to $27.57. In the past year, the shares have traded as low as $20.74 and as high as $28.23. On average, 4533550 shares of MAT exchange hands on a given day and today's volume is recorded at 3563146. 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 $25.78 area where the stock will likely see buying pressure. The stock has insider ownership of 0.32%.

Shares of Silicon Laboratories Inc. (SLAB) traded higher by 0.71% or $0.25/share to $35.58. In the past year, the shares have traded as low as $30.36 and as high as $50.27. On average, 617390 shares of SLAB exchange hands on a given day and today's volume is recorded at 17916. 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 $40.61 represents resistance and the 50-day moving average of $33.92 would be an area of support. The stock has insider ownership of 3.56%.

Shares of BioScrip Inc. (BIOS) traded higher by 0.29% or $0.02/share to $6.96. In the past year, the shares have traded as low as $4.00 and as high as $7.85. On average, 295790 shares of BIOS exchange hands on a given day and today's volume is recorded at 28600. 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 $6.04 area where the stock will likely see buying pressure. The stock has insider ownership of 2.33%.