US Bancorp, EOG Resources Among Stocks Down on Above-average Volume Monday

Published June 04, 2012

| FOXBusiness

These are stocks that are down on high volume today:

  • US Bancorp (USB) traded on a volume of 19.4 million, or 1.7 its average daily volume, but its price was down. Shares were off 2.7% to $28.79. The share price has dropped $3.15 (-9.9%) from $31.94 on May 3, 2012. The stock has moved down across its 200-day moving average of $29.28 today.

  • EOG Resources (EOG) experienced a price drop on above-average volume today, with five million shares, or 1.7 its average daily volume, changing hands. The stock price dropped 1.4% to $90.40. Over the last three months, the stock has lost $22.74 (-20.1%) from a price of $113.14 on March 7, 2012. The stock is trading at 87.6% of its 50-day moving average and 86.5% of its 200-day moving average.

  • Pioneer Natural Res (PXD) was down on high volume, trading with volume of 4.9 million, or two its average daily volume. With a closing price of $86.78, shares were down 1.7%. The share price has been falling in the last month, down $24.08 (-21.7%) from $110.86 on May 3, 2012. The stock is trading at 84.2% of its 50-day moving average and 86.4% of its 200-day moving average.

  • Cummins (CMI) was down on high volume, trading with volume of 3.7 million, or 1.6 its average daily volume. Shares fell 2% to $91.68. The stock is down over the last three months, having fallen $26.04 (-22.1%) from $117.72 on March 7, 2012. The stock is trading at 86.3% of its 50-day moving average and 85.2% of its 200-day moving average.

  • After trading at a volume of 15.2 million, or 1.6 its average daily volume, (GM) saw its price drop. Shares were down 4.1%, closing at $21.11. The stock is down over the last two months, having fallen $3.99 (-15.9%) from a price of $25.10 on April 4, 2012. The stock is trading at 93.2% of its 50-day moving average and 89.5% of its 200-day moving average.

  • Trading at a volume of 29.2 million, or 1.9 its average daily volume, Delta Air Lines (DAL) was down on high volume today. The stock price dropped 11.6% to $10.18. Shares are down, having dropped $1.19 (-10.5%) from a price of $11.37 on May 25, 2012. The stock is trading 3.7% above its 200-day moving average.

  • Starwood Hotels (HOT) experienced a price drop on above-average volume today, with 5.6 million shares, or 1.9 its average daily volume, changing hands. With a closing price of $48.46, shares were off 1.4%. The stock has been losing steam over the last month, sinking $11.43 (-19.1%) from a price of $59.89 on May 3, 2012. The stock is trading at 87.6% of its 50-day moving average and 90.9% of its 200-day moving average.

  • BB&T (BBT) was down on high volume, trading with volume of 9.5 million, or two its average daily volume. Shares were down 2.5% to $27.64. The stock has been going in a negative direction over the last month, dropping $4.40 (-13.7%) from a price of $32.04 on May 3, 2012. The stock is trading at 89.4% of its 50-day moving average and 96.9% of its 200-day moving average.

  • Trading at a volume of 4.7 million, or 1.9 its average daily volume, ENSCO (ESV) was down on high volume today. Closing at $43.71, shares slipped 1.1%. The stock has fallen over the last three months, dropping $12.47 (-22.2%) from $56.18 on March 7, 2012. The stock is trading at 87.4% of its 50-day moving average and 84.8% of its 200-day moving average.

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