The Timken Company, CommVault Systems Among Stocks Down on High Volume Friday
Today, a few stocks are down on high volume:
- The Timken Company (NYSE:TKR) saw its price drop on above-normal volume today, as two million shares have changed hands or 1.6 times its average daily volume. At $49.15, the stock price has fallen 4.6%. Over the last month, the share price has dropped $6.78 (-12.1%) from $55.93 on April 26, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2% above the mark.
- After trading at a volume of 1.3 million, or 2.5 its average daily volume, (NASDAQ:CVLT) saw its price drop. Shares were down 4.1%, closing at $47.97. The share price has dropped $4.08 (-7.8%) from $52.05 on April 26, 2012. The stock has moved down across its 200-day moving average of $49.35 today.
- The Bank of Nova Scotia (NYSE:BNS) was down on high volume after trading at a volume of one million, or 1.9 its average daily volume. Closing at $49.49, shares dropped 1.2%. The stock has been on a downward trajectory over the last two months, sliding $7.60 (-13.3%) from a price of $57.09 on March 28, 2012. The stock is trading at 92.5% of its 50-day moving average and 93.9% of its 200-day moving average.
- Trading at a volume of two million, or 1.7 its average daily volume, Carrizo Oil & Gas (NASDAQ:CRZO) was down on high volume today. The stock price dropped 1.8% to $24.23. The stock has fallen over the last three months, dropping $3.94 (-14%) from $28.17 on February 29, 2012. The stock is trading at 89.6% of its 50-day moving average and 90% of its 200-day moving average.
- Canadian Imperial Bank of Commerce (NYSE:CM) was trading down on above-average volume with 573,554 shares moving, or two its average daily volume. With a closing price of $68, shares were off 1.2%. The stock has lost momentum over the last three months, losing $9.55 (-12.3%) from $77.55 on February 29, 2012. The stock is trading at 93% of its 50-day moving average and 91.7% of its 200-day moving average.
- NetGear (NASDAQ:NTGR) saw its price drop on above-normal volume today, as 1.2 million shares have changed hands or 1.9 times its average daily volume. Shares were down 2%, closing at $29.86. Shares are down over the last two months as the price has dropped $9.05 (-23.3%) from a price of $38.91 on March 28, 2012. The stock is trading at 85% of its 50-day moving average and 82.7% of its 200-day moving average.
- PT Telekomunikasi Indonesia (NYSE:TLK) was down on high volume, trading with volume of 824,886, or 1.9 its average daily volume. At $30.61, the stock price has fallen 3.6%. The share price has been dropping in the last month, down $4.47 (-12.7%) from $35.08 on April 26, 2012. The stock is trading at 90.3% of its 50-day moving average and 95% of its 200-day moving average.
- Trading with volume of 569,429, or 1.5 its average daily volume, Cabot (NYSE:CBT) saw its price drop on above-normal volume. Shares were off 2.2% to $38.27. Over the last month, the share price has dropped $5.24 (-12%) from $43.51 on April 26, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.6% above the mark.
- Trading at a volume of 378,223, or 2.2 its average daily volume, Arbitron (NYSE:ARB) was down on high volume today. With a closing price of $33.67, shares dropped 6.1%. The stock has been losing steam over the last month, decreasing $4.96 (-12.8%) from a price of $38.63 on April 26, 2012. The stock is trading at 91.7% of its 50-day moving average and 92.5% of its 200-day moving average.