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Wednesday, April 4, 2012

After-Hours Movers: (CNK), (STZ), (SHLM), (BBBY), (RT)

Cinemark Holdings Inc. (NYSE: CNK): traded higher by 3.77% or $0.83/share in after hours trading to $22.82. In today's trading session, CNK traded higher by 0.64% or $0.14/share to $21.99. In the past year, the shares have traded as low as $17.10 and as high as $22.85. On average, 863876 shares of CNK exchange hands on a given day and today's volume is recorded at 906491. 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 $21.53 area where the stock will likely see buying pressure.

Constellation Brands Inc. (NYSE: STZ): traded higher by 3.00% or $0.74/share in after hours trading to $25.43. In today's trading session, STZ traded higher by 0.78% or $0.19/share to $24.69. In the past year, the shares have traded as low as $16.42 and as high as $24.79. On average, 1506980 shares of STZ exchange hands on a given day and today's volume is recorded at 5276568. 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 $22.56 area where the stock will likely see buying pressure.

A. Schulman, Inc. (NASDAQ: SHLM): fell by 9.52% or $-2.65/share in after hours trading to $25.20. In today's trading session, SHLM traded higher by 0.18% or $0.05/share to $27.85. In the past year, the shares have traded as low as $16.16 and as high as $27.96. On average, 182787 shares of SHLM exchange hands on a given day and today's volume is recorded at 239281. 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 $26.51 represents resistance and the 200-day moving average of $22.48 would be an area of support.

Bed Bath & Beyond Inc. (NASDAQ: BBBY): traded higher by 4.94% or $3.27/share in after hours trading to $69.50. In today's trading session, BBBY fell by 1.13% or $-0.76/share to $66.23. In the past year, the shares have traded as low as $47.89 and as high as $68.20. On average, 2781070 shares of BBBY exchange hands on a given day and today's volume is recorded at 3778823. 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 $62.93 area where the stock will likely see buying pressure.

Ruby Tuesday, Inc. (NYSE: RT): fell by 10.36% or $-0.92/share in after hours trading to $7.96. In today's trading session, RT fell by 1.99% or $-0.18/share to $8.88. In the past year, the shares have traded as low as $6.35 and as high as $13.65. On average, 462397 shares of RT exchange hands on a given day and today's volume is recorded at 1077580. 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 $8.16 represents resistance and the 200-day moving average of $7.57 would be an area of support.