Extraordinary Price Movement Encountered In Shares Of (NYSE: HDY)

NYSE (NYSE: HDY): traded higher by 653.68% or $3.105/share to $3.58. In the past year, the shares have traded as low as $0.41 and as high as $1.32. On average, 396309 shares of HDY exchange hands on a given day and today's volume is recorded at 700. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $0.5551 area.