Home Depot, The Valspar Corporation Among Stocks Down on Above-average Volume Tuesday

A few stocks are down on high volume today:

• Home Depot (NYSE:HD) is trading down on above-average volume today, seeing a price drop on a volume of 18.3 million, or 1.6 times its average daily volume. The stock price has decreased 1.9% to $48.95. Share price increased over the last three months, now up $3.02 (6.6%) from $45.93 on February 16, 2012. The stock is trading 7.7% above its 200-day moving average.

• The Valspar Corporation (NYSE:VAL) is seeing its price fall on above-normal volume today, as 1.3 million shares have moved, or 1.7 times its average daily volume. The stock price had dipped 5.1% to $47.25. The stock has seen some negative movement recently as shares are down $4.54 (-8.8%) from a price of $51.79 on May 8, 2012. The stock is trading 7.5% above its 200-day moving average.

• Novo Nordisk A/S (NYSE:NVO) is down on high volume today, trading with volume of 446,049, or 1.9 times its average daily volume. The stock price has slipped 1.8% to $139.68. The stock has been going in a negative direction over the last month, dropping $9.35 (-6.3%) from a price of $149.03 on April 16, 2012. The stock is trading 8.1% above its 200-day moving average.

• Hudson Pacific Properties (NYSE:HPP) is trading down on above-average volume today, seeing a price drop on a volume of 2.2 million, or 26.8 times its average daily volume. The stock price is $15.31, reflecting a 1% decrease. The stock has fallen over the last three months, dropping 43 cents (-2.7%) from $15.74 on February 16, 2012. The stock is trading 5% above its 200-day moving average.

• Air Lease (NYSE:AL) is trading down on above-normal volume today, seeing a price drop on a volume of 779,481, or 1.7 times its average daily volume. The stock price has sunk 4.3% to $22.60. The stock has lost momentum over the last three months, losing $3.80 (-14.4%) from $26.40 on February 16, 2012. The stock is trading at 94.6% of its 50-day moving average and 95.4% of its 200-day moving average.

• Millennial Media (NYSE:MM) is seeing its price fall on above-normal volume today, as 805,032 shares have moved, or 1.5 times its average daily volume. At $14.10, shares are down 8.7%.

• Cellcom Israel (NYSE:CEL) is trading down on a volume of 1.2 million, or 4.5 times its average daily volume. The stock is down 15.1% to $8.87. The stock is trading at 74.3% of its 50-day moving average and 59.4% of its 200-day moving average.

• W. P. Carey & (NYSE:WPC) is trading down on a volume of 188,854, or 3.5 times its standard daily volume. The stock price has slipped 2.5% to $42.20. The share price has dropped $5.59 (-11.7%) from $47.79 on April 16, 2012. The stock is trading at 90.9% of its 50-day moving average and 96% of its 200-day moving average.

• Today, SciQuest (NASDAQ:SQI) is down on high volume, trading at a volume of 312,179, or six times its average daily volume. Shares are off 1.6% to $14.16. Over the last three months, the stock has lost 88 cents (-5.9%) from a price of $15.04 on February 16, 2012. The stock is trading at 95.3% of its 50-day moving average and 96.5% of its 200-day moving average.