Published June 5, 2012 4:35pm EDT | Updated January 14, 2015 3:41am EST

JC Penney, Dollar General Among Stocks Down on High Volume Tuesday

Today, these stocks are down on high volume:

JC Penney (NYSE:JCP) saw its price drop on above-normal volume today, as 16.6 million shares have changed hands or 2.3 times its average daily volume. With a closing price of $24.27, shares dropped 4%. The stock is trading at 78.4% of its 50-day moving average and 70.6% of its 200-day moving average.

Dollar General (NYSE:DG) was down on high volume after trading at a volume of 8.5 million, or 2.8 its average daily volume. At $46.76, the stock price has fallen 3.6%. The stock has risen $3.38 (7.8%) over the last three months from a price of $43.38 on March 8, 2012. The stock is trading 6.2% above its 200-day moving average.

Trading at a volume of 7.2 million, or 1.7 its average daily volume, Green Mountain Coffee Roasters (NASDAQ:GMCR) was down on high volume today. Closing at $22.95, shares were down 2.3%. The stock is trading at 72.7% of its 50-day moving average and 46.3% of its 200-day moving average.

After trading at a volume of two million, or 2.2 its average daily volume, (NYSE:GPC) saw its price drop. Shares were down 1.6% to $60.16. Over the last month, the share price has dropped $4.83 (-7.4%) from $64.99 on May 4, 2012. The stock is trading at 95.2% of its 50-day moving average and 97.1% of its 200-day moving average.

Trading with volume of 12.6 million, or 2.1 its average daily volume, Brocade Communications Systems (NASDAQ:BRCD) saw its price drop on above-normal volume. Shares were down 2.2%, closing at $4.41. Over the last three months, the stock has lost $1.22 (-21.7%) from a price of $5.63 on March 8, 2012. The stock is trading at 87.1% of its 50-day moving average and 83% of its 200-day moving average.

Trading at a volume of 2.9 million, or 1.6 its average daily volume, France Telecom (NYSE:FTE) was down on high volume today. Closing at $11.73, shares slipped 9.1%. The stock has lost momentum over the last three months, losing $3.16 (-21.2%) from $14.89 on March 8, 2012. The stock is trading at 88.3% of its 50-day moving average and 79.3% of its 200-day moving average.

After trading at a volume of 443,670, or 1.7 its average daily volume, (AMEX:CQP) saw its price drop. Closing at $19.82, shares were down 1.1%. The stock has been losing steam over the last month, declining $4.68 (-19.1%) from a price of $24.50 on May 4, 2012. The stock is trading at 82.8% of its 50-day moving average and 92.6% of its 200-day moving average.

Progressive Waste Solutions (NYSE:BIN) experienced a price drop on above-average volume today, with 279,938 shares, or 1.8 its average daily volume, changing hands. The stock price declined 1.7%, closing at $18.22. The stock has been on a downward trajectory over the last two months, dipping $3.91 (-17.7%) from a price of $22.13 on April 5, 2012. The stock is trading at 89.1% of its 50-day moving average and 86.7% of its 200-day moving average.

Trading at a volume of 286,607, or 1.6 its average daily volume, Telecom Corp of New Zealand (NYSE:NZT) was down on high volume today. At $9.25, the stock price has fallen 3.2%. The stock has been going in a negative direction over the last month, dropping 90 cents (-8.9%) from a price of $10.15 on May 4, 2012. The stock has moved down across its 200-day moving average of $9.47 today.