Among the most volatile stocks traded on December 1 were: SunCoke Energy Inc, Lumos Networks Corp, La-Z-Boy Inc, Clearwire Corporation, and Barnes & Noble, Inc. 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 SunCoke Energy Inc. (SXC) fell by 5.89% or $-0.68/share to $10.86. In the past year, the shares have traded as low as $9.20 and as high as $18.00. On average, 152160 shares of SXC exchange hands on a given day and today's volume is recorded at 397489. 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 $11.33 area but be careful because the stock may face selling pressure at this level.
Shares of Lumos Networks Corp (LMOS) traded higher by 1.91% or $0.28/share to $14.91. In the past year, the shares have traded as low as $11.10 and as high as $17.99. On average, 95850 shares of LMOS exchange hands on a given day and today's volume is recorded at 12668. 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 $14.83 area.
Shares of La-Z-Boy Inc. (LZB) traded higher by 17.58% or $1.74/share to $11.64. In the past year, the shares have traded as low as $6.76 and as high as $11.84. On average, 551890 shares of LZB exchange hands on a given day and today's volume is recorded at 1082346. 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 $9.47 area.
Shares of Clearwire Corporation (CLWR) traded higher by 26.97% or $0.48/share to $2.26. In the past year, the shares have traded as low as $1.24 and as high as $7.06. On average, 7733670 shares of CLWR exchange hands on a given day and today's volume is recorded at 16321632. 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 $3.53 represents resistance and the 50-day moving average of $1.85 would be an area of support.
Shares of Barnes & Noble, Inc. (BKS) fell by 15.63% or $-2.73/share to $14.72. In the past year, the shares have traded as low as $10.30 and as high as $18.74. On average, 1308170 shares of BKS exchange hands on a given day and today's volume is recorded at 1830151. 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 $13.23 area.
