Among the most volatile stocks traded on December 1 were: Zipcar, Inc, UTi Worldwide Inc, Globecomm Systems Inc, Stonemor Partners LP, and JA Solar Holdings Co., Ltd. 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 Zipcar, Inc. (ZIP) fell by 6.83% or $-1.09/share to $14.87. In the past year, the shares have traded as low as $15.90 and as high as $31.50. On average, 374610 shares of ZIP exchange hands on a given day and today's volume is recorded at 587636. 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 $17.85 area but be careful because the stock may face selling pressure at this level.
Shares of UTi Worldwide Inc. (UTIW) fell by 10.06% or $-1.56/share to $13.99. In the past year, the shares have traded as low as $11.94 and as high as $23.96. On average, 406180 shares of UTIW exchange hands on a given day and today's volume is recorded at 368214. 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 $14.34 area but be careful because the stock may face selling pressure at this level.
Shares of Globecomm Systems Inc. (GCOM) fell by 5.11% or $-0.70/share to $12.99. In the past year, the shares have traded as low as $8.28 and as high as $16.43. On average, 116350 shares of GCOM exchange hands on a given day and today's volume is recorded at 51446. 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 $13.19 area where the stock may encounter resistance.
Shares of Stonemor Partners LP (STON) fell by 7.43% or $-1.88/share to $23.4. In the past year, the shares have traded as low as $22.16 and as high as $31.25. On average, 109650 shares of STON exchange hands on a given day and today's volume is recorded at 376731. 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 $26.48 area where the stock may encounter resistance.
Shares of JA Solar Holdings Co., Ltd. (JASO) fell by 1.64% or $-0.03/share to $1.8. In the past year, the shares have traded as low as $1.40 and as high as $8.57. On average, 5208170 shares of JASO exchange hands on a given day and today's volume is recorded at 1248756. 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 $1.93 area but be careful because the stock may face selling pressure at this level.
