Lan Airlines, VimpelCom Among Stocks Down on Above-average Volume Thursday
There are a few stocks that are down on high volume today:
- Lan Airlines (NYSE:LFL) is trading down on above-average volume today, seeing a price drop on a volume of 1.7 million, or 1.6 times its average daily volume. The stock price has slipped 1.7% to $25.65. The stock is down over the last three months, having fallen $2.94 (-10.3%) from $28.59 on April 9, 2012. The stock has moved down across its 50-day moving average of $25.76 today.
- VimpelCom (NYSE:VIP) is trading down on a volume of 2.2 million, or 1.8 times its standard daily volume. The stock price has decreased 4.6% to $7.81. The stock has lost momentum over the last three months, losing $3.11 (-28.5%) from $10.92 on April 9, 2012. The stock has moved down across its 50-day moving average of $8.09 today.
- Cato (NYSE:CATO) is trading down on above-normal volume today, seeing a price drop on a volume of 238,937, or two times its average daily volume. Shares are off 11.7% to $28. The stock has seen some negative movement recently as shares are down $1.17 (-4%) from a price of $29.17 on June 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.3% above the mark.
- Today, Keryx Biopharmaceuticals (NASDAQ:KERX) is down on high volume, trading at a volume of 2.1 million, or 1.6 times its average daily volume. The stock price had dipped 2% to $1.96. The stock has moved down across its 50-day moving average of $1.75 today.
- Trading at a volume of 301,073, or 2.1 times its average daily volume, Banco Macro (NYSE:BMA) is down on high volume today. The stock price is $12.50, reflecting a 8% decrease. The stock has fallen over the last three months, dropping $4.84 (-27.9%) from $17.34 on April 9, 2012. The stock has moved down across its 50-day moving average of $12.94 today.
- Feihe International (NYSE:ADY) is trading down on a volume of 387,105, or 2.4 times its standard daily volume. A decrease of 11.3% has brought the stock price to $6.12. The stock is trading 10% above its 50-day moving average and 28.6% above its 200-day moving average.
- Grupo Financiero Galicia (NASDAQ:GGAL) is down on high volume today, trading with volume of 261,790, or 1.5 times its average daily volume. The stock price has decreased 5.3% to $4.45. The stock is down over the last three months, having fallen $1.39 (-23.8%) from $5.84 on April 9, 2012. The stock has moved down across its 50-day moving average of $4.64 today.
- Natural Alternatives International (NASDAQ:NAII) is seeing its price fall on above-normal volume today, as 177,699 shares have moved, or 7.3 times its average daily volume. The stock price has dropped 7.3% to $6.48.
- Tower International (NYSE:TOWR) is trading down on a volume of 100,427, or 2.3 times its standard daily volume. At $10.07, shares are down 8.2%. The stock has been going in a negative direction over the last month, dropping $1.23 (-10.9%) from a price of $11.30 on June 5, 2012. The stock is trading at 91% of its 50-day moving average and 87.6% of its 200-day moving average.