Unusual Price Movement Spotted In Shares Of (NYSE: AVD)

NYSE (NYSE: AVD): fell by 15.18% or $-4.18/share to $23.36. In the past year, the shares have traded as low as $23.00 and as high as $37.51. On average, 206355 shares of AVD exchange hands on a given day and today's volume is recorded at 424967. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $30.02 area but be careful because the stock may face selling pressure at this level.