12 Stocks with Over 100% Increase in Traded Volumes: Investment Idea of the Day

Published:

Today we have highlighted 12 stocks across sectors which have registered significant share price gains of over 10% with over 100% increase in trading volumes during the past five days compared with past one month daily average trading volumes, indicating a strong market interest. Moreover, these stocks outperformed their respective equity indices and sector indices during the last week registering significant gains touching their new 52-week highs during the week. The shortlisted stocks recorded price gains ranging from 10% to 97% with daily average trading volume in excess of 100,000.

Index Performance during the Past Week (June 23rd – June 27th 2014)

Index

Last Index Value

Value Change
(5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

NASDAQ Composite Index

4,397.9

0.68%

569,301,299

475,591,441

19.7%

S&P 500 Index

1,961.0

-0.10%

496,130,138

471,822,621

5.2%

Russell 2000 Index

1,189.5

0.09%

420,954,634

306,084,814

37.5%

S&P/TSX Composite Index

15,094.3

-0.10%

146,229,243

153,760,861

-4.9%

S&P/TSX Venture Composite Index

1,023.0

-0.33%

63,037,282

70,360,024

-10.4%

Stocks Performance

Company Name

Ticker

Exchange

Sector

Market Cap
(MM)

Last Price

Price Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

52-Week High

52-Week Low

WaterFurnace Renewable Energy Inc

WFI

TSX

Industrial

374.6

30.30

19.2%

691,346

121,899

467.1%

30.56

20.01

Medical Action Industries

MDCI

NASDAQ

Healthcare

226.2

13.80

96.6%

3,276,408

631,030

419.2%

13.82

5.04

Aerie Pharmaceuticals Inc

AERI

NASDAQ

Healthcare

623.0

26.58

34.8%

1,402,595

373,726

275.3%

29.71

10.25

Sequential Brands Group

SQBG

NASDAQ

Retail

331.8

12.91

20.3%

629,208

180,309

249.0%

14.48

5.00

Perpetual Energy Inc

PMT

TSX

Energy

335.1

2.25

28.6%

1,180,037

381,873

209.0%

2.28

0.94

Highbank Resources Ltd

HBK

TSXV

Basic Materials

17.4

0.22

22.9%

502,129

175,998

185.3%

0.22

0.05

Crossroads Systems Inc

CRDS

NASDAQ

Communications

51.6

3.43

11.0%

617,083

217,031

184.3%

3.71

0.69

Ceapro Inc

CZO

TSXV

Healthcare

11.5

0.19

26.7%

104,617

42,897

143.9%

0.19

0.03

Golden Arrow Resources

GRG

TSXV

Basic Materials

10.8

0.27

10.4%

104,407

43,740

138.7%

0.29

0.18

Warren Resources Inc

WRES

NASDAQ

Energy

444.0

6.03

17.8%

1,448,521

650,877

122.5%

6.22

2.58

Barnes & Noble Inc

BKS

NYSE

Consumer Goods

1,406.0

23.42

13.1%

2,624,925

1,300,894

101.8%

23.56

12.59

Harte Gold Corp

HRT

TSX

Basic Materials

47.6

0.22

29.4%

1,278,329

636,753

100.8%

0.24

0.05

Source: Bloomberg
Market Cap & Last Price are in their respective currencies
*Volume Comparison: 5-Day average volume over 30-Day average volume

Company Description

WaterFurnace Renewable Energy Inc (TSX: WFI)
WaterFurnace Renewable Energy, Inc. manufactures and distributes geothermal heating and cooling systems for residential and commercial applications. The company’s products are sold and serviced throughout the United States, Canada, Europe, Asia, and Australia.

Medical Action Industries Inc (NASDAQ: MDCI)     
Medical Action Industries Inc. develops, manufactures, markets, and distributes a variety of disposable surgical related products. The company’s products include disposable laparotomy sponges, operating room towels, burn dressings, kit and tray products, and surgical marking pens, among others.

Aerie Pharmaceuticals Inc (NASDAQ: AERI)
Aerie Pharmaceuticals, Inc. operates a clinical stage pharmaceutical company. The company focuses on the discovery, development, and distribution of pharmaceutical products for the treatment of glaucoma and other disease of the eye. Aerie Pharmaceuticals offers its products to the medical industry.

Sequential Brands Group Inc (NASDAQ: SQBG)
Sequential Brands Group, Inc. owns, promotes, markets, and licenses a portfolio of consumer brands to retailers, wholesalers, and distributors primarily in the United States and internationally. The company licenses apparel, fashion accessories, eyewear, and footwear brands.

Perpetual Energy Inc (TSX: PMT)  
Perpetual Energy Inc. is an independent natural gas producer. The company owns, operates, and develops oil and gas properties throughout Canada.

Highbank Resources Ltd (TSXV: HBK)       
Highbank Resources Ltd. is a construction aggregates company. The company focuses on the development of tidewater gravel tenure in Canada.

Crossroads Systems Inc (NASDAQ: CRDS)
Crossroads Systems, Inc. is a global provider of business information assurance services. The company offers solutions and services that ensure stored data is proactively protected and reliably recovered. Crossroads offers organizations data protection, proactive data security and intelligent storage connectivity.

Ceapro Inc (TSXV: CZO)    
Ceapro Inc. develops and utilizes core technologies to supply materials and compounds to the life sciences and personal care and cosmetics industries. The company discovers, develops, and produces natural health products derived from oats and other grains.  Ceapro markets its products under the Ostar brand name.

Golden Arrow Resources Corp (TSXV: GRG)         
Golden Arrow Resources Corporation explores and develops mineral properties. The company is conducting gold exploration activities in Argentina and Peru.

Warren Resources Inc (NASDAQ: WRES)   
Warren Resources Inc. acquires and develops oil and gas properties. The company’s properties are located in several states in the United States.  Warren Resources also serves as the managing general partner to affiliated partnerships and joint ventures.

Barnes & Noble Inc (NYSE: BKS)   
Barnes & Noble, Inc. operates superstores and mall-based bookstores throughout the US. The company operates book superstores under the names Barnes & Noble Booksellers, Bookstop, and Bookstar.  Barnes & Noble also operates bookstores in shopping malls under the names B. Dalton Bookseller, Doubleday Book Shops, and Scribner’s Bookstore.

Harte Gold Corp (TSX: HRT)
Harte Gold Corporation acquires, explores and develops mineral resource properties with a focus on gold. The company operates on the Sugar Zone and Stoughton-Abitibi properties in Ontario.

Related articles

Recent articles