Stocks Showing Unusually Heavy Volume - Genco Shipping & Trading Limited, Eagle Bulk Shipping Inc, IAC/InterActiveCorp, Netflix Inc

Tags: GNK
10 Dec 8:57pm
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Here are the results for today's unusual stock volume scan. The scan looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.

Companies included in today's scan are: DryShips Inc. (DRYS), Pep Boys-Manny, Moe & Jack (PBY), Smith & Nephew SNATS (SNN), Analogic (ALOG), Gevity HR (GVHR), FedEx Corp. (FDX), TBS International Limited (TBSI), North American Energy Partners Inc (NOA), Advanced Semiconductor Engineering (ASX), Genco Shipping & Trading Limited (GNK), EXCO Resources, Inc. (XCO), Movado Group (MOV), O'Charley's (CHUX), Cemex Sa De Cv A Ads (CX), Banco Bilbao Viscaya Argentaria S.A. (BBV), IAC/InterActiveCorp (IACI), Agilent Technologies (A), Netlogic Microsystems (NETL), Media General (MEG), National Semiconductor (NSM), Eagle Bulk Shipping Inc. (EGLE), Hutchison Telecommunications Int Limited (HTX), Clearwire Corporation (CLWR), Trident Microsystems (TRID), Netflix Inc (NFLX).

These are the top stocks from today's scan, which has some basic filters to eliminate penny stocks and those that don't trade frequently. A description of the column headings is below.

  • Move Previous Day - yesterday's percent return.
  • Volume Increase - looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.
  • Close - yesterday's closing price.
  • Total Ratings - number of analysts who track the stock, according to Zacks.
  • Buy Percent - percent of the analysts who rate the stock as a "buy". I use this to help gauge sentiment and potential buying demand. If everyone already loves a stock, that means a steady stream of new money will need to enter the stock to fuel a rally.

Note - sentiment data is current as of the previous trading day...


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