Southwestern Energy, Kimberly-Clark Among Stocks Down on High Volume Friday

Published August 03, 2012

| FOXBusiness

These are stocks that are down on high volume today:

  • Southwestern Energy (SWN) was down on high volume after trading at a volume of 13.2 million, or 2.2 its average daily volume. Shares fell 4.8% to $30.60. Shares have shown some positive movement over the last two months as the price has climbed $2.46 (8.7%) from a price of $28.14 on June 6, 2012. The stock has moved down across its 200-day moving average of $31.09 today.

  • After trading at a volume of 4.7 million, or 1.6 its average daily volume, (KMB) saw its price drop. Closing at $85.35, shares were down 1.8%. The stock has risen $6.47 (8.2%) over the last three months from a price of $78.88 on May 8, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.3% above the mark.

  • Cardinal Health (CAH) traded on a volume of 8.2 million, or 2.4 its average daily volume, but its price was down. The stock price declined 4%, closing at $39.24. Over the last three months, the stock has lost $3.78 (-8.8%) from a price of $43.02 on May 8, 2012. The stock is trading at 93% of its 50-day moving average and 93.6% of its 200-day moving average.

  • Trading at a volume of 4.5 million, or 1.8 its average daily volume, Motorola Solutions (MSI) was down on high volume today. Shares were down 1.6% to $47.06. The stock is down over the last three months, having fallen $3.86 (-7.6%) from $50.92 on May 8, 2012. The stock has moved down across its 50-day moving average of $47.16 today.

  • Activision Blizzard (ATVI) was down on high volume, trading with volume of 18.3 million, or 2.4 its average daily volume. Closing at $11.12, shares slipped 5.5%. The stock has fallen over the last three months, dropping $1.28 (-10.3%) from $12.40 on May 8, 2012. The stock is trading at 93.4% of its 50-day moving average and 91.5% of its 200-day moving average.

  • Ultra Petroleum (UPL) traded on a volume of 6.2 million, or 1.8 its average daily volume, but its price was down. With a closing price of $21.01, shares were off 2.1%. Shares are down $2.22 (-9.6%) from a price of $23.23 on July 27, 2012. The stock is trading at 96.6% of its 50-day moving average and 94.2% of its 200-day moving average.

  • Trading with volume of six million, or 2.8 its average daily volume, Incyte Corporation (INCY) saw its price drop on above-normal volume. With a closing price of $18.48, shares were down 5.6%. Shares are down, having dropped $7.12 (-27.8%) from a price of $25.60 on July 27, 2012. The stock is trading at 76.7% of its 50-day moving average and 89.1% of its 200-day moving average.

  • Cobalt International Energy (CIE) experienced a price drop on above-average volume today, with 3.5 million shares, or 1.6 its average daily volume, changing hands. The stock price dropped 5% to $22.53. The share price has been dipping in the last month, down $2.50 (-10%) from $25.03 on July 5, 2012. The stock has moved down across its 50-day moving average of $23.49 today.

  • Trading at a volume of 1.3 million, or 2.3 its average daily volume, World Fuel Services Corporation (INT) was down on high volume today. Closing at $34.58, shares slipped 2.1%. The stock has been slipping recently, and shares are down $6.01 (-14.8%) from a price of $40.59 on July 27, 2012. The stock is trading at 89.8% of its 50-day moving average and 85.8% of its 200-day moving average.

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http://www.foxbusiness.com/markets/2012/08/03/southwestern-energy-kimberly-clark-among-stocks-down-on-high-volume-friday/