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Thursday, September 20, 2012

Stocks Having Recent Insider Buying: (CHK), (CBZ), (CWT), (ISCA), (THC)

Shares of Chesapeake Energy Corporation (CHK) fell by 1.22% or $-0.24/share to $19.44. In the past year, the shares have traded as low as $13.26 and as high as $31.15. On average, 18553550 shares of CHK exchange hands on a given day and today's volume is recorded at 7520028. 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 $20.30 represents resistance and the 50-day moving average of $19.11 would be an area of support. The stock has insider ownership of 1.15%.

Shares of CBIZ, Inc. (CBZ) traded higher by 0.65% or $0.04/share to $6.17. In the past year, the shares have traded as low as $5.07 and as high as $7.07. On average, 162350 shares of CBZ exchange hands on a given day and today's volume is recorded at 21449. 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 $6.04 area. The stock has insider ownership of 4.33%.

Shares of California Water Service Group (CWT) traded higher by 0.38% or $0.07/share to $18.4. In the past year, the shares have traded as low as $16.25 and as high as $19.03. On average, 191990 shares of CWT exchange hands on a given day and today's volume is recorded at 86432. 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 $18.55 represents resistance and the 200-day moving average of $17.98 would be an area of support. The stock has insider ownership of 0.27%.

Shares of International Speedway Corp. (ISCA) traded higher by 0.38% or $0.11/share to $28.93. In the past year, the shares have traded as low as $19.91 and as high as $29.06. On average, 148490 shares of ISCA exchange hands on a given day and today's volume is recorded at 55100. 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 $26.38 area where the stock will likely see buying pressure. The stock has insider ownership of 1.12%.

Shares of Tenet Healthcare Corp. (THC) fell by 0.4% or $-0.02/share to $6.16. In the past year, the shares have traded as low as $3.46 and as high as $6.24. On average, 7740220 shares of THC exchange hands on a given day and today's volume is recorded at 2619145. 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 $5.12 area. The stock has insider ownership of 0.25%.