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

Thursday, December 1, 2011

Insider Ownership Increasing: (CATY), (CHFC), (CMLS), (CIM), (FUR)

Shares of Cathay General Bancorp (CATY) fell by 1.23% or $-0.17/share to $13.7. In the past year, the shares have traded as low as $10.00 and as high as $18.94. On average, 558990 shares of CATY exchange hands on a given day and today's volume is recorded at 78662. 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 $14.71 represents resistance and the 50-day moving average of $12.81 would be an area of support. The stock has insider ownership of 0.45%.

Shares of Chemical Financial Corp. (CHFC) fell by 1.07% or $-0.22/share to $20.34. In the past year, the shares have traded as low as $14.40 and as high as $22.08. On average, 88350 shares of CHFC exchange hands on a given day and today's volume is recorded at 34442. 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 $18.19 area. The stock has insider ownership of 1.22%.

Shares of Cumulus Media Inc. (CMLS) fell by 1.32% or $-0.04/share to $3.0. In the past year, the shares have traded as low as $2.18 and as high as $5.78. On average, 800890 shares of CMLS exchange hands on a given day and today's volume is recorded at 110274. 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 $3.54 represents resistance and the 50-day moving average of $2.86 would be an area of support. The stock has insider ownership of 0.02%.

Shares of Chimera Investment Corporation (CIM) fell by 1.87% or $-0.05/share to $2.62. In the past year, the shares have traded as low as $2.38 and as high as $3.87. On average, 12986470 shares of CIM exchange hands on a given day and today's volume is recorded at 4348457. 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 $2.79 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.14%.

Shares of Winthrop Realty Trust (FUR) traded higher by 1.39% or $0.13/share to $9.47. In the past year, the shares have traded as low as $8.05 and as high as $12.62. On average, 161280 shares of FUR exchange hands on a given day and today's volume is recorded at 82320. 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 $10.48 represents resistance and the 50-day moving average of $8.83 would be an area of support. The stock has insider ownership of 0.72%.