Cummins, Tyco International Included in Stocks Up on High Volume Tuesday

Published July 31, 2012

| FOXBusiness

These stocks are up on above-average volume today:

  • Cummins (CMI) saw its price climb on above-normal volume, as five million shares, which is 1.9 times the stock's average daily volume, changed hands. At $95.90, share price rose 6%. The stock has lost momentum over the last three months, losing $14.54 (-13.2%) from $110.44 on May 3, 2012. The stock has moved up across its 50-day moving average of $91.26 today.

  • Tyco International (TYC) saw its price spike on above-average volume today, as 4.9 million shares, which is 1.7 times the stock's average daily volume, traded hands. Shares increased 2.2% to $54.94. Shares are up, having risen $3.76 (7.3%) from a price of $51.18 on July 24, 2012. The stock is trading 4.5% above its 50-day moving average and 4.7% above its 200-day moving average.

  • Nokia Corporation (NOK) was up on high volume today, after trading at a volume of 92.1 million, or 1.8 times its average daily volume. Share price went up 11.1% to $2.41. The stock has moved down across its 50-day moving average of $2.11 today.

  • Eastman Chemical (EMN) was up on high volume today, trading with volume of 3.4 million, or two times its average daily volume. The stock price was up 2.5% to $52.28. The stock has been on the rise in the last two months, up $8.67 (19.9%) from a price of $43.61 on June 1, 2012. The stock is trading 7.6% above its 50-day moving average and 6.7% above its 200-day moving average.

  • Republic Services (RSG) was up on high volume today, after trading at a volume of 5.2 million, or 1.8 times its average daily volume. The stock price experienced a 1.3% increase, coming in at $28.93. Shares are up over the last two months, having risen $2.88 (11.1%) from a price of $26.05 on June 1, 2012. The stock is trading 8.9% above its 50-day moving average and 3.7% above its 200-day moving average.

  • Flowserve (FLS) was up on high volume today, trading with volume of 1.2 million, or 2.2 times its average daily volume. Shares climbed 3.6% to $119.98. Over the last two months, shares have shown some positive movement as the price has climbed $19.54 (19.5%) from a price of $100.44 on June 1, 2012. The stock is trading 8.1% above its 50-day moving average and 8% above its 200-day moving average.

  • Delphi Automotive (DLPH) was up on high volume today, after trading at a volume of 3.3 million, or 1.9 times its average daily volume. At $28.39, share price increased 1.4%.

  • CIT Group (CIT) experienced a price hike on above-average volume today, trading at a volume of 2.4 million, or 1.5 times its standard daily volume. The stock price experienced a 1.6% increase, coming in at $36.52. The stock has been on an upward trajectory over the last two months, increasing $3.95 (12.1%) from a price of $32.57 on June 1, 2012. The stock has moved down across its 50-day moving average of $34.84 today.

  • Plains All American Pipeline L.P (PAA) was up on high volume today, after trading at a volume of 771,159, or 1.6 times its average daily volume. The stock price hit $88, a 1.6% increase. Shares are up over the last two months, having risen $11.12 (14.5%) from a price of $76.88 on June 1, 2012. The stock is trading 6.5% above its 50-day moving average and 9.9% above its 200-day moving average.

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http://www.foxbusiness.com/markets/2012/07/31/cummins-tyco-international-included-in-stocks-up-on-high-volume-tuesday/