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Friday, March 23, 2012

Moving After-Hours: (KRC), (SPN), (BYD), (IO), (AWI)

Kilroy Realty Corp. (NYSE: KRC): fell by 2.69% or $-1.24/share in after hours trading to $44.83. In today's trading session, KRC traded higher by 1.81% or $0.82/share to $46.07. In the past year, the shares have traded as low as $28.34 and as high as $46.01. On average, 815357 shares of KRC exchange hands on a given day and today's volume is recorded at 745355. 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 $44.12 area where the stock will likely see buying pressure.

Superior Energy Services, Inc. (NYSE: SPN): fell by 4.14% or $-1.12/share in after hours trading to $25.91. In today's trading session, SPN traded higher by 4.32% or $1.12/share to $27.03. In the past year, the shares have traded as low as $22.19 and as high as $42.87. On average, 3384130 shares of SPN exchange hands on a given day and today's volume is recorded at 4024880. 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 $28.83 area where the stock may encounter resistance.

Boyd Gaming Corp. (NYSE: BYD): fell by 3.25% or $-0.26/share in after hours trading to $7.75. In today's trading session, BYD traded higher by 3.35% or $0.26/share to $8.01. In the past year, the shares have traded as low as $4.12 and as high as $10.39. On average, 1556800 shares of BYD exchange hands on a given day and today's volume is recorded at 1331404. 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 $8.46 represents resistance and the 200-day moving average of $7.04 would be an area of support.

ION Geophysical Corporation (NYSE: IO): fell by 5.19% or $-0.34/share in after hours trading to $6.21. In today's trading session, IO traded higher by 5.48% or $0.34/share to $6.55. In the past year, the shares have traded as low as $4.20 and as high as $13.92. On average, 1468580 shares of IO exchange hands on a given day and today's volume is recorded at 1396457. 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 $6.65 area where the stock may encounter resistance.

Armstrong World Industries, Inc. (NYSE: AWI): traded higher by 3.61% or $2.05/share in after hours trading to $58.87. In today's trading session, AWI traded higher by 0.11% or $0.06/share to $56.82. In the past year, the shares have traded as low as $32.47 and as high as $57.89. On average, 245677 shares of AWI exchange hands on a given day and today's volume is recorded at 263968. 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 $51.67 area where the stock will likely see buying pressure.