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Abnormal Volume Stocks To Watch On Friday
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Abnormal Volume Stocks To Watch On Friday

Apr 11 2014, 9:31am CDT | by

Looking through the closing trading data for the Russell 1000 components, there are some abnormal volume stand-outs that traders will be interested to watch during Friday’s upcoming session. To...

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14 weeks ago

Abnormal Volume Stocks To Watch On Friday

Apr 11 2014, 9:31am CDT | by

Looking through the closing trading data for the Russell 1000 components, there are some abnormal volume stand-outs that traders will be interested to watch during Friday’s upcoming session. To compile this list, we calculated the three month average volume for each stock ahead of the previous trading session, and then compared against the volume seen during the session, to find those stocks with the most abnormally high volume.

Topping the list was Bed, Bath & Beyond (NASD: BBBY ), with 4.4x normal volume. In the prior session, BBBY traded 12.08 million shares, versus normal volume of about 2.75 million. On the 9th, Bed Bath & Beyond reported results for the fiscal year ended March 1, 2014.

Click here to find out The 15 Most Active Call & Put Options of the S&P 500 »

Artisan Partners Asset Management (NYSE: APAM ) ranked #2 on the list, with 4.2x normal volume, based on the approximately 1.41 million shares trading in the last session, versus a calculated normal volume of 338,830. Last week Keefe Bruyette upgraded Artisan Partners to Outperform.

Coming in at #3, Catamaran Corp (NASD: CTRX ) saw 4.1x normal trading volume, with volume of 9.57 million shares versus the usual 2.31 million. According to theflyonthewall.com , “Cleveland Research said Catamaran checks indicate client frustration with customer service and implementation issues.

Arthur J. Gallagher & Co. (NYSE: AJG ) ranked #4 on the list, with 4.0x normal volume, based on the approximately 2.77 million shares trading in the last session, versus a calculated normal volume of 694,755. Yesterday, Arthur J. Gallagher & Co. announced that it has priced an offering of 19 million shares of its common stock at a price of $43.25 and granted the underwriters in the offering a 30-day option to purchase up to an additional 2.85 million shares of its common stock at the same price.

And finally, Family Dollar Stores, Inc. (NYSE: FDO ) ranked #5 on the list, with 3.6x normal volume, seeing about 6.94 million shares change hands, compared to normal volume of 1.93 million. Yesterday, Family Dollar reported second quarter 2014 financial results and announced immediate strategic actions.

Comparing these stocks on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

Here’s a table of the full top 10 stocks with abnormal volume:

Company Degree Above Normal
Bed, Bath & Beyond, Inc. (NASD: BBBY ) 4.4x
Artisan Partners Asset Management Inc (NYSE: APAM ) 4.2x
Catamaran Corp (NASD: CTRX ) 4.1x
Arthur J. Gallagher & Co. (NYSE: AJG ) 4.0x
Family Dollar Stores, Inc. (NYSE: FDO ) 3.6x
Commerce Bancshares, Inc. (NASD: CBSH ) 3.5x
Gilead Sciences, Inc. (NASD: GILD ) 3.0x
Cabot Oil & Gas Corp. (NYSE: COG ) 2.9x
Tech Data Corp. (NASD: TECD ) 2.6x
Martin Marietta Materials, Inc. (NYSE: MLM ) 2.6x
 
Update
10

6 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

Cambodia's Famous Battambang Circus
KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

6 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

"GOLDEN ASIA" Tokyo Premiere Press Conference
KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken int ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

6 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

The Prince Of Wales Visits The Royal International Air Tattoo
KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejecte ...
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Update
7

6 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

6 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

INDIA-CHINA-DIPLOMACY-TRADE
PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern stat ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

6 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

Government Weekly Cabinet Meeting
KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in com ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

6 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minis ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

6 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

Iskandar Johor Open - Previews
JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an alloca ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

6 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

EurAsia Cup presented by DRB-HICOM - Day One
PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan B ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

6 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skywa ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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