Illumina, MarketAxess Holdings Among Stocks Down on Above-average Volume Thursday

Here are stocks that are down on high volume today:

  • Illumina (NASDAQ:ILMN) is trading down on a volume of 5.2 million, or 1.5 times its standard daily volume. Trading at $50.64, the stock is down 3.7%. The stock is trading 15.6% above its 200-day moving average.
  • Trading at a volume of 842,102, or 4.8 times its average daily volume, MarketAxess Holdings (NASDAQ:MKTX) is down on high volume today. Shares are down 4.2% to $34.85. Over the last three months, the stock has gained $4.21 (13.7%) from a price of $30.64 on January 13, 2012. The stock is trading 9.9% above its 200-day moving average.
  • Today, Pacira Pharmaceuticals (NASDAQ:PCRX) is down on high volume, trading at a volume of 1.7 million, or 17.6 times its average daily volume. The stock is down 3.3% to $9.79. Share price is up, having risen $1.48 (13.1%) from $11.27 on March 13, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.5% above the mark.
  • Avid Technology (NASDAQ:AVID) is trading down on above-average volume today, seeing a price drop on a volume of 869,896, or 4.2 times its average daily volume. A decrease of 13.8% has brought the stock price to $8.86. The stock has been on a downward trajectory over the last two months, declining $3 (-25.3%) from a price of $11.86 on February 13, 2012. The stock has moved down across its 200-day moving average of $9.61 today.
  • City Telecom (H.K.) (NASDAQ:CTEL) is seeing its price fall on above-normal volume today, as 245,978 shares have moved, or 3.5 times its average daily volume. The stock price has dropped 10.5% to $11.34.
  • SatCon Technology Corporation (NASDAQ:SATC) is down on high volume today, trading with volume of three million, or 1.7 times its average daily volume. Shares are down 11.5% to 43 cents. The stock has moved down across its 50-day moving average of 44 cents today.
  • Euroseas (NASDAQ:ESEA) is trading down on a volume of 321,567, or 1.5 times its normal daily volume. The stock price has slipped 1.5% to $1.90. The stock is trading at 80.7% of its 50-day moving average and 68.4% of its 200-day moving average.
  • China Ceramics (NASDAQ:CCCL) is trading down on above-average volume today, seeing a price drop on a volume of 156,732, or 2.8 times its average daily volume. A decrease of 6.2% has brought the stock price to $3.15.
  • Trading at a volume of 119,880, or 5.5 times its average daily volume, Rodman & Renshaw Capital Group (NASDAQ:RODM) is down on high volume today. Shares are off 8.9% to 82 cents. The stock has moved down across its 200-day moving average of 86 cents today.