Among the most volatile stocks traded on June 11 were: AK Steel Holding Corporation, BPZ Resources, Inc, Green Mountain Coffee Roasters Inc, MEMC Electronic Materials Inc, and Vanguard Health Systems 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 AK Steel Holding Corporation (AKS) fell by 9.66% or $-0.56/share to $5.24. In the past year, the shares have traded as low as $5.41 and as high as $16.34. On average, 7316060 shares of AKS exchange hands on a given day and today's volume is recorded at 8686492. 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 $6.88 area but be careful because the stock may face selling pressure at this level.
Shares of BPZ Resources, Inc. (BPZ) fell by 6.69% or $-0.19/share to $2.65. In the past year, the shares have traded as low as $2.07 and as high as $4.64. On average, 2088489 shares of BPZ exchange hands on a given day and today's volume is recorded at 463156. 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 $3.25 area where the stock may encounter resistance.
Shares of Green Mountain Coffee Roasters Inc. (GMCR) fell by 7.26% or $-1.68/share to $21.45. In the past year, the shares have traded as low as $21.77 and as high as $116.01. On average, 7752410 shares of GMCR exchange hands on a given day and today's volume is recorded at 5269142. 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 $34.65 area but be careful because the stock may face selling pressure at this level.
Shares of MEMC Electronic Materials Inc. (WFR) traded higher by 4.17% or $0.07/share to $1.75. In the past year, the shares have traded as low as $1.44 and as high as $9.14. On average, 7142070 shares of WFR exchange hands on a given day and today's volume is recorded at 2578339. 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 $2.80 area but be careful because the stock may face selling pressure at this level.
Shares of Vanguard Health Systems Inc. (VHS) traded higher by 6.51% or $0.52/share to $8.51. In the past year, the shares have traded as low as $6.92 and as high as $18.58. On average, 106040 shares of VHS exchange hands on a given day and today's volume is recorded at 55770. 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 $8.71 area but be careful because the stock may face selling pressure at this level.
