Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, May 4, 2012

Insider Ownership Increasing: (WIRE), (VPRT), (UNS), (CLF), (HES)

Shares of Encore Wire Corp. (WIRE) fell by 3.14% or $-0.78/share to $24.05. In the past year, the shares have traded as low as $19.64 and as high as $30.72. On average, 86750 shares of WIRE exchange hands on a given day and today's volume is recorded at 42185. 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 $25.41 area where the stock may encounter resistance. The stock has insider ownership of 24.12%.

Shares of Vistaprint N.V. (VPRT) traded higher by 0.03% or $0.01/share to $37.78. In the past year, the shares have traded as low as $23.89 and as high as $54.97. On average, 373290 shares of VPRT exchange hands on a given day and today's volume is recorded at 147359. 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 $38.89 represents resistance and the 200-day moving average of $33.59 would be an area of support. The stock has insider ownership of 5.76%.

Shares of UniSource Energy Corporation (UNS) traded higher by 0.5% or $0.18/share to $36.01. In the past year, the shares have traded as low as $31.85 and as high as $38.35. On average, 324170 shares of UNS exchange hands on a given day and today's volume is recorded at 122057. 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 $36.17 area where the stock may encounter resistance. The stock has insider ownership of 0.49%.

Shares of Cliffs Natural Resources Inc. (CLF) fell by 2.67% or $-1.61/share to $58.69. In the past year, the shares have traded as low as $46.51 and as high as $99.88. On average, 3908830 shares of CLF exchange hands on a given day and today's volume is recorded at 2390689. 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 $66.36 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.56%.

Shares of Hess Corporation (HES) fell by 3.17% or $-1.66/share to $50.74. In the past year, the shares have traded as low as $46.50 and as high as $79.77. On average, 4622670 shares of HES exchange hands on a given day and today's volume is recorded at 3456824. 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 $59.12 area where the stock may encounter resistance. The stock has insider ownership of 0.36%.