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Monday, May 7, 2012

Insider Buying In These Names: (RTI), (LSI), (VOCS), (FCH), (WIRE)

Shares of RTI International Metals, Inc. (RTI) traded higher by 0.47% or $0.12/share to $25.57. In the past year, the shares have traded as low as $20.07 and as high as $39.82. On average, 498090 shares of RTI exchange hands on a given day and today's volume is recorded at 133540. 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 $24.71 area. The stock has insider ownership of 1.39%.

Shares of LSI Corporation (LSI) remained unchanged at $7.9. In the past year, the shares have traded as low as $4.75 and as high as $9.20. On average, 11621210 shares of LSI exchange hands on a given day and today's volume is recorded at 3303585. 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 $8.41 represents resistance and the 200-day moving average of $6.94 would be an area of support. The stock has insider ownership of 0.2%.

Shares of Vocus Inc. (VOCS) traded higher by 2.47% or $0.39/share to $16.2. In the past year, the shares have traded as low as $11.95 and as high as $33.70. On average, 496520 shares of VOCS exchange hands on a given day and today's volume is recorded at 304824. 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 $19.29 represents resistance and the 50-day moving average of $13.79 would be an area of support. The stock has insider ownership of 5.07%.

Shares of FelCor Lodging Trust Inc. (FCH) traded higher by 1.81% or $0.08/share to $4.51. In the past year, the shares have traded as low as $1.91 and as high as $6.43. On average, 943590 shares of FCH exchange hands on a given day and today's volume is recorded at 252387. 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 $3.90 area where the stock will likely see buying pressure. The stock has insider ownership of 2.47%.

Shares of Encore Wire Corp. (WIRE) traded higher by 0.46% or $0.11/share to $24.08. In the past year, the shares have traded as low as $19.64 and as high as $30.72. On average, 87680 shares of WIRE exchange hands on a given day and today's volume is recorded at 31219. 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 $25.40 area where the stock may encounter resistance. The stock has insider ownership of 24.12%.