Goldcorp, ArcelorMittal Among Stocks Down on High Volume Wednesday

Published April 04, 2012

| FOXBusiness

Today, these stocks are down on high volume:

  • Goldcorp (GG) is trading down on a volume of 8.2 million, or 1.7 times its standard daily volume. The stock price had dipped 6.1% to $40.91. The stock has been on a downward trajectory over the last two months, slipping $6.61 (-13.9%) from a price of $47.52 on February 6, 2012. The stock is trading at 88.8% of its 50-day moving average and 86% of its 200-day moving average.

  • ArcelorMittal (MT) is down on high volume today, trading with volume of 9.1 million, or 1.6 times its average daily volume. Shares have dropped 4.2% to $17.77. Shares are down over the last two months as the price has dropped $3.67 (-17.1%) from a price of $21.44 on February 6, 2012. The stock is trading at 87.5% of its 50-day moving average and 88.9% of its 200-day moving average.

  • Sanofi (SNY) is down on high volume today, trading with volume of 3.6 million, or 1.6 times its average daily volume. The stock price has sunk 2.4% to $37.66. Share price rose over the last three months, now up $1.73 (4.8%) from $35.92 on January 6, 2012. The stock is trading 3.9% above its 200-day moving average.

  • DaVita (DVA) is trading down on a volume of 881,492, or 1.7 times its average daily volume. The stock price is $86.40, reflecting a 3.4% decrease. The stock has risen $8.58 (11%) over the last three months from a price of $77.82 on January 6, 2012. The stock is trading 8.5% above its 200-day moving average.

  • MSC Industrial Direct (MSM) is trading down on above-normal volume today, seeing a price drop on a volume of 343,180, or 1.5 times its average daily volume. The stock is down 3.3% to $81.51. Over the last three months, the stock has gained $9.25 (12.8%) from a price of $72.26 on January 6, 2012. The stock is trading 10.8% above its 200-day moving average.

  • Today, The Wendy's Company (WEN) is down on high volume, trading at a volume of 5.1 million, or 1.5 times its average daily volume. Shares have dropped 1.2% to $5.

  • Trading at a volume of 1.1 million, or 1.5 times its average daily volume, Veolia Environnement Ve (VE) is down on high volume today. The stock price is $14.96, reflecting a 5.3% decrease. The stock has dropped a step closer to its 50-day moving average, sitting just 0.7% above the mark.

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http://www.foxbusiness.com/markets/2012/04/04/goldcorp-arcelormittal-among-stocks-down-on-high-volume-wednesday/