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Friday, March 23, 2012

Moving After-Hours: (KEG), (VSAT), (GDP), (ACOM), (KBW)

Key Energy Services Inc. (NYSE: KEG): fell by 3.69% or $-0.59/share in after hours trading to $15.39. In today's trading session, KEG traded higher by 3.83% or $0.59/share to $15.98. In the past year, the shares have traded as low as $8.27 and as high as $20.77. On average, 2988210 shares of KEG exchange hands on a given day and today's volume is recorded at 4130862. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $16.34 represents resistance and the 200-day moving average of $14.03 would be an area of support.

ViaSat Inc. (NASDAQ: VSAT): fell by 2.89% or $-1.37/share in after hours trading to $46.02. In today's trading session, VSAT traded higher by 2.98% or $1.37/share to $47.39. In the past year, the shares have traded as low as $31.18 and as high as $49.80. On average, 236223 shares of VSAT exchange hands on a given day and today's volume is recorded at 241014. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $45.98 area where the stock will likely see buying pressure.

Goodrich Petroleum Corp. (NYSE: GDP): fell by 2.58% or $-0.5/share in after hours trading to $18.86. In today's trading session, GDP traded higher by 2.65% or $0.5/share to $19.36. In the past year, the shares have traded as low as $9.91 and as high as $23.80. On average, 1173130 shares of GDP exchange hands on a given day and today's volume is recorded at 903635. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $17.68 area where the stock will likely see buying pressure.

Ancestry.com Inc. (NASDAQ: ACOM): fell by 4.82% or $-1.06/share in after hours trading to $20.95. In today's trading session, ACOM traded higher by 5.06% or $1.06/share to $22.01. In the past year, the shares have traded as low as $20.67 and as high as $45.79. On average, 1038410 shares of ACOM exchange hands on a given day and today's volume is recorded at 954239. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $25.22 area where the stock may encounter resistance.

KBW Inc. (NYSE: KBW): fell by 3.65% or $-0.69/share in after hours trading to $18.21. In today's trading session, KBW traded higher by 3.79% or $0.69/share to $18.90. In the past year, the shares have traded as low as $12.43 and as high as $26.40. On average, 305846 shares of KBW exchange hands on a given day and today's volume is recorded at 288862. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $17.42 area where the stock will likely see buying pressure.