Abnormal Volume Stocks To Watch On Friday

Apr 11 2014, 9:31am CDT | by

Abnormal Volume Stocks To Watch On Friday
Photo Credit: Forbes Business

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

Don't miss ...


<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.


blog comments powered by Disqus

Latest stories

Global entrepreneurship summit boost for SMEs
Marrakech, Nov 22 (IANS) Nine agreements were signed between the Moroccan General Confederation of Enterprises (CGEM) and several small and medium enterprises (SMEs) as well as between major Moroccan banks and start-ups at the 5th Global Entrepreneurship Summit (GES 2014) held in Morocco.
NASA's flying saucer among 'Best of What's New'
Washington, Nov 22 (IANS) NASA's Low-Density Supersonic Decelerator (LDSD), a spacecraft that aims to facilitate the safe landing of future Mars missions, has earned a place in the the Popular Science magazine's "Best Of What's New" list.
Indian helping to light up Gambia (Diaspora Feature)
Banjul (Gambia), Nov 22 (IANS) Like many Indians who are proving to be philanthropists around Africa, Ram Mohan has set up a social business called Comafrique Intelizon Initiative and has embarked on the replacement of candles in villages in the Gambia with solar lights from India.
Leopards in human areas not conflict animals: Study
New Delhi, Nov 22 (IANS) Leopards in human areas are not always "stray" or "conflict" animals but residents with strategies to thrive in human dominated areas, says the first GPS-based study of leopards in India.

Latest from the Network

'Unbreakable Kimmy Schmidt' series moves from NBC to Netfilx
Los Angeles, Nov 23 (IANS) Actress Tina Fey and Robert Carlock starrer comedy series "Unbreakable Kimmy Schmidt" has been taken over by online streaming service Netflix from NBC. According to Deadline magazine,...
Read more on Celebrity Balla
US and Turkey discuss possibility of regime change in Syria
Istanbul, Nov 23 (IANS) US Vice President Joe Biden met Turkish President Recep Tayyip Erdogan in Istanbul Saturday and discussed the possibility of a transition of power in Syria. "On Syria, we discussed ... not only...
Read more on Politics Balla
US condemns Kenya bus attack, terms it 'horrific'
Washington, Nov 23 (IANS) The US condemned "in the strongest terms", the attack on a bus in Kenya that killed 28 people, terming it as "horrific". The US extends its deepest condolences to the families and loved ones...
Read more on Politics Balla
Heidi Montag wants to age gracefully
Los Angeles, Nov 23 (IANS) Singer Heidi Montag, who has undergone ten cosmetic procedures, says she wants to "age gracefully". The 28-year-old singer discussed about her wish with Extra, reports contactmusic.com. The...
Read more on Celebrity Balla
Kourtney Kardashian hints at Scott Disick split
Kourtney Kardashian has hinted her relationship with Scott Disick is on the rocks. The reality television star has been dating the 31-year-old hunk since 2006, but posted quotes from the Disney film 'Lilo & Stitch'...
Read more on Celebrity Balla
Kelly Brook engaged again?
Kelly Brook has sparked rumours that she is engaged again. The model - who will turn 35 on Sunday (23.11.14) - was seen sporting a huge jewel on her ring finger at the Teens Unite Charity Ball at Underglobe in London...
Read more on Celebrity Balla
Heidi praises Spencer for 'best 8 years of my life'
Heidi Montag has praised Spencer Pratt for the ''best 8 years of my life (sic)''. The former 'The Hills' star gushed over her beau in a message online on Friday (21.11.14) to celebrate their sixth wedding anniversary....
Read more on Celebrity Balla
Bahrain sees 51.5 percent voter turnout in national elections
Manama, Nov 23 (IANS) Bahrain registered 51.5 percent turnout in the parliamentary and municipal elections Saturday, notwithstanding the opposition's call to boycott the elections. "The turnout today was 51.5 percent...
Read more on Politics Balla
Black Friday 2014 Sales and Deals for 11/22
Friday was already a wild Black Friday 2014 sales day with $115 40-inch TVs and other hot doorbuster deals that Walmart matched. Saturday has not these dramatic deals like on Friday. There are still though plenty of...
Read more on Black Friday Countdown
I was original: Aniston on Kardashian's nude picture
Los Angeles, Nov 23 (IANS) Shunning the hype around reality TV star Kim Kardashian's derriere picture, actress Jennifer Aniston says she bared her derriere way before Kardashian and it was original. Aniston posed nude...
Read more on Celebrity Balla