Walgreen, JC Penney Among Stocks Down on Above-average Volume Tuesday

These are stocks that are down on high volume today:

  • Today, Walgreen (NYSE:WAG) is down on high volume, trading at a volume of 27.6 million, or 4.8 times its average daily volume. At $30.04, shares are down 6%. Shares are down over the last two months as the price has dropped $5.89 (-16.4%) from a price of $35.93 on April 20, 2012. The stock is trading at 93.6% of its 50-day moving average and 90.4% of its 200-day moving average.
  • JC Penney (NYSE:JCP) is trading down on a volume of 17 million, or 2.1 times its average daily volume. Trading at $21.88, the stock is down 10.1%. The stock is trading at 77.7% of its 50-day moving average and 65.3% of its 200-day moving average.
  • Western Gas Partners (NYSE:WES) is trading down on above-normal volume today, seeing a price drop on a volume of three million, or 13.7 times its average daily volume. A decrease of 4.6% has brought the stock price to $43.30. The stock has lost momentum over the last three months, losing $4 (-8.5%) from $47.30 on March 22, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.5% above the mark.
  • Elster Group SE ADR (NYSE:ELT) is seeing its price fall on above-normal volume today, as 1.2 million shares have moved, or 2.4 times its average daily volume. Shares are down 2.1% to $19.01. The stock is trading 28.7% above its 50-day moving average and 24.1% above its 200-day moving average.
  • Affymetrix (NASDAQ:AFFX) is trading down on above-average volume today, seeing a price drop on a volume of 2.8 million, or 4.4 times its average daily volume. At $5.16, shares are down 4.3%. The stock has been on an upward trajectory over the last two months, climbing 88 cents (20.6%) from a price of $4.28 on April 20, 2012. The stock is trading 7.4% above its 50-day moving average and 11.2% above its 200-day moving average.
  • Genetic Technologies (NASDAQ:GENE) is trading down on above-normal volume today, seeing a price drop on a volume of 1.1 million, or three times its average daily volume. The stock price has decreased 3.3% to $4.11.
  • Pluristem Therapeutics (NASDAQ:PSTI) is trading down on a volume of 400,197, or 4.4 times its standard daily volume. Shares have fallen 3.3% to $2.34. The stock has been losing steam over the last month, decreasing 19 cents (-7.5%) from a price of $2.53 on May 18, 2012. The stock is trading at 93.4% of its 50-day moving average and 95.2% of its 200-day moving average.
  • Medgenics Inc. Common Stock (AMEX:MDGN) is seeing its price fall on above-normal volume today, as 133,903 shares have moved, or 12.6 times its average daily volume. Trading at $6.50, the stock is down 6.5%.
  • Phoenix New Media Ltd ADR (NYSE:FENG) is trading down on a volume of 147,381, or 1.8 times its normal daily volume. At $5.13, shares are down 7.9%.