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Wednesday, May 16, 2012

Insider Ownership Increasing: (RFMD), (WFT), (SFY), (PSB), (CTBI)

Shares of RF Micro Devices Inc. (RFMD) traded higher by 1.8% or $0.07/share to $3.96. In the past year, the shares have traded as low as $3.86 and as high as $7.89. On average, 3655540 shares of RFMD exchange hands on a given day and today's volume is recorded at 808790. 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 $4.47 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.26%.

Shares of Weatherford International Ltd. (WFT) traded higher by 2.41% or $0.30/share to $12.75. In the past year, the shares have traded as low as $10.85 and as high as $22.76. On average, 14086390 shares of WFT exchange hands on a given day and today's volume is recorded at 6758097. 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 $14.87 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.4%.

Shares of Swift Energy Co. (SFY) traded higher by 1.05% or $0.21/share to $20.2. In the past year, the shares have traded as low as $19.89 and as high as $43.26. On average, 842590 shares of SFY exchange hands on a given day and today's volume is recorded at 633146. 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 $27.99 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.18%.

Shares of PS Business Parks Inc. (PSB) fell by 0.01% or $-0.01/share to $68.18. In the past year, the shares have traded as low as $45.31 and as high as $69.59. On average, 94740 shares of PSB exchange hands on a given day and today's volume is recorded at 27956. 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 $65.93 area where the stock will likely see buying pressure. The stock has insider ownership of 0.29%.

Shares of Community Trust Bancorp Inc. (CTBI) traded higher by 0.74% or $0.24/share to $32.8. In the past year, the shares have traded as low as $21.81 and as high as $33.42. On average, 43770 shares of CTBI exchange hands on a given day and today's volume is recorded at 15120. 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 $31.60 area where the stock will likely see buying pressure. The stock has insider ownership of 1.29%.