Shares of II-VI Inc. (IIVI) traded higher by 3.03% or $0.49/share to $16.66. In the past year, the shares have traded as low as $15.80 and as high as $27.84. On average, 286970 shares of IIVI exchange hands on a given day and today's volume is recorded at 97691. 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 $17.96 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 7.18%.
Shares of Fastenal Company (FAST) traded higher by 3.6% or $1.56/share to $44.89. In the past year, the shares have traded as low as $28.81 and as high as $54.86. On average, 2610000 shares of FAST exchange hands on a given day and today's volume is recorded at 1235355. 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 $43.95 area. The stock has insider ownership of 8.12%.
Shares of Virtusa Corp. (VRTU) traded higher by 0.59% or $0.08/share to $13.64. In the past year, the shares have traded as low as $11.41 and as high as $21.79. On average, 76620 shares of VRTU exchange hands on a given day and today's volume is recorded at 14744. 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 $14.03 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 6.46%.
Shares of Cogent Communications Group Inc. (CCOI) traded higher by 0.21% or $0.04/share to $18.84. In the past year, the shares have traded as low as $12.23 and as high as $20.24. On average, 288700 shares of CCOI exchange hands on a given day and today's volume is recorded at 107534. 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 $18.46 area where the stock will likely see buying pressure. The stock has insider ownership of 8.25%.
Shares of Abiomed Inc. (ABMD) traded higher by 1.04% or $0.25/share to $24.4. In the past year, the shares have traded as low as $9.98 and as high as $26.17. On average, 554980 shares of ABMD exchange hands on a given day and today's volume is recorded at 261487. 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 $22.32 area where the stock will likely see buying pressure. The stock has insider ownership of 2.29%.
