Among the most volatile stocks traded on March 22 were: Brightcove Inc, Keryx Biopharmaceuticals Inc, Krispy Kreme Doughnuts, Inc, Rite Aid Corp, and Schiff Nutrition International 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 Brightcove Inc. (BCOV) traded higher by 3.21% or $0.62/share to $19.91. In the past year, the shares have traded as low as $14.00 and as high as $22.26. On average, 347170 shares of BCOV exchange hands on a given day and today's volume is recorded at 33214. 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 $16.51 area.
Shares of Keryx Biopharmaceuticals Inc. (KERX) traded higher by 3.02% or $0.14/share to $4.77. In the past year, the shares have traded as low as $2.27 and as high as $5.55. On average, 2076760 shares of KERX exchange hands on a given day and today's volume is recorded at 1355954. 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 $3.49 area.
Shares of Krispy Kreme Doughnuts, Inc. (KKD) fell by 7.99% or $-0.62/share to $7.14. In the past year, the shares have traded as low as $5.10 and as high as $10.08. On average, 550130 shares of KKD exchange hands on a given day and today's volume is recorded at 730658. 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 $7.77 area where the stock may encounter resistance.
Shares of Rite Aid Corp. (RAD) fell by 6.45% or $-0.12/share to $1.74. In the past year, the shares have traded as low as $0.85 and as high as $2.12. On average, 9829710 shares of RAD exchange hands on a given day and today's volume is recorded at 7893614. 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 $1.57 area where the stock will likely see buying pressure.
Shares of Schiff Nutrition International Inc. (WNI) traded higher by 5.2% or $0.57/share to $11.54. In the past year, the shares have traded as low as $8.65 and as high as $13.02. On average, 43080 shares of WNI exchange hands on a given day and today's volume is recorded at 33966. 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 $10.91 area.
