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Tuesday, July 2, 2013

Abnormal Volume Observed In Shares Of (NYSE: CPAC)

NYSE (NYSE: CPAC): remained unchanged at $12.50. In the past year, the shares have traded as low as $9.10 and as high as $15.61. On average, 27762 shares of CPAC exchange hands on a given day and today's volume is recorded at 181874. 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 $13.22 area but be careful because the stock may face selling pressure at this level.