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Friday, September 14, 2012

Insider Buying In These Names: (ENOC), (LHCG), (ED), (TPGI), (LAYN)

Shares of EnerNOC, Inc. (ENOC) traded higher by 2.26% or $0.26/share to $11.74. In the past year, the shares have traded as low as $5.41 and as high as $12.24. On average, 286010 shares of ENOC exchange hands on a given day and today's volume is recorded at 198185. 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 $8.32 area where the stock will likely see buying pressure. The stock has insider ownership of 5.43%.

Shares of LHC Group, Inc. (LHCG) traded higher by 0.59% or $0.11/share to $18.66. In the past year, the shares have traded as low as $12.34 and as high as $20.26. On average, 101470 shares of LHCG exchange hands on a given day and today's volume is recorded at 33748. 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 $17.58 area where the stock will likely see buying pressure. The stock has insider ownership of 2.73%.

Shares of Consolidated Edison Inc. (ED) fell by 1.49% or $-0.91/share to $60.08. In the past year, the shares have traded as low as $52.57 and as high as $65.35. On average, 1335040 shares of ED exchange hands on a given day and today's volume is recorded at 831103. 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 $62.23 represents resistance and the 200-day moving average of $59.19 would be an area of support. The stock has insider ownership of 0.14%.

Shares of Thomas Properties Group Inc. (TPGI) traded higher by 1.17% or $0.07/share to $6.05. In the past year, the shares have traded as low as $1.85 and as high as $6.15. On average, 163890 shares of TPGI exchange hands on a given day and today's volume is recorded at 38234. 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 $5.15 area where the stock will likely see buying pressure. The stock has insider ownership of 1.14%.

Shares of Layne Christensen Co. (LAYN) traded higher by 8.4% or $1.61/share to $20.78. In the past year, the shares have traded as low as $17.46 and as high as $27.40. On average, 169980 shares of LAYN exchange hands on a given day and today's volume is recorded at 356223. 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 $21.93 represents resistance and the 50-day moving average of $20.63 would be an area of support. The stock has insider ownership of 18.76%.