Costco Wholesale, EnCana Corporation Among Stocks Up on High Volume Thursday

Published June 28, 2012

| FOXBusiness

There are a few stocks that are up on high volume today:

  • Costco Wholesale (COST) was up on high volume today, after trading at a volume of 4.4 million, or 1.9 times its average daily volume. At $92.92, share price rose 1.8%. Share price is up $7.11 (8.3%) from $85.81 on May 30, 2012. The stock is trading 5.9% above its 50-day moving average and 7.2% above its 200-day moving average.

  • EnCana Corporation (ECA) experienced a price hike on above-average volume today, trading at a volume of 16.3 million, or 1.5 times its standard daily volume. The stock price hit $20.36, a 5.7% increase. The stock has been dipping in the last two months, down $1.22 (-5.7%) from a price of $21.58 on May 1, 2012. The stock has moved up across its 200-day moving average of $19.78 today.

  • Best Buy (BBY) was up on high volume today, trading with volume of 14.3 million, or 1.7 times its average daily volume. Shares improved 5.5% to $20.89. The stock has lost momentum over the last three months, losing $2.75 (-11.6%) from $23.64 on April 2, 2012. The stock has moved down across its 50-day moving average of $19.54 today.

  • LabCorp (LH) saw its price climb on above-normal volume, as 2.4 million shares, which is 3.5 times the stock's average daily volume, changed hands. The stock price experienced a 3% increase, coming in at $92.04. Share price is up, having risen $6.77 (7.9%) from $85.27 on May 30, 2012. The stock is trading 6.4% above its 50-day moving average and 5% above its 200-day moving average.

  • Murphy Oil (MUR) was up on high volume today, trading with volume of 3.6 million, or 1.7 times its average daily volume. Shares were up 4% to $48.27. The stock is down over the last three months, having fallen $8.85 (-15.5%) from $57.12 on April 2, 2012. The stock has moved up across its 50-day moving average of $46.50 today.

  • Cardinal Health (CAH) saw its price spike on above-average volume today, as 3.1 million shares, which is 1.5 times the stock's average daily volume, traded hands. Share price increased 1.6% to $40.96. The stock has fallen over the last three months, dropping $1.80 (-4.2%) from $42.76 on April 2, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 98.4% of the mark.

  • After trading at a volume of 2.5 million, or 1.9 times its average, AstraZeneca (AZN) was up on high volume today. The stock price was up 1.5% to $44.39. Shares have been on on the rise over the past month, climbing $4 (9.9%) from a price of $40.39 on May 30, 2012. The stock has moved down across its 50-day moving average of $42.19 today.

  • The Valspar Corporation (VAL) was up on high volume today, trading with volume of 1.9 million, or 2.3 times its average daily volume. Shares were up 4.5% to $51.29. Shares are up, having risen $3.85 (8.1%) from a price of $47.44 on June 21, 2012. The stock is trading 6% above its 50-day moving average and 10.6% above its 200-day moving average.

  • After trading at a volume of 2.9 million, or 1.7 times its average, Telenor (TEL) was up on high volume today. The stock price experienced a 1% increase, coming in at $31. The stock has lost momentum over the last three months, losing $5.97 (-16.1%) from $36.97 on April 2, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 96.2% of the mark.

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http://www.foxbusiness.com/markets/2012/06/28/costco-wholesale-encana-corporation-among-stocks-up-on-high-volume-thursday/