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Friday, March 23, 2012
Surprising Volume Encountered - (NYSE: FSR)
Flagstone Reinsurance Holdings SA (NYSE: FSR): traded higher by 0.63% or $0.05/share to $7.97. In the past year, the shares have traded as low as $6.41 and as high as $9.53. On average, 100979 shares of FSR exchange hands on a given day and today's volume is recorded at 168129. 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 $8.09 area where the stock may encounter resistance.
