Unusual Volume Spikes – DGAZ, International Game Technology (NYSE:IGT), Generex Biotechnology (OTCMKTS:GNBT), Kansas City Southern (NYSE:KSU)

Posted by on Jan 27, 2014

VelocityShares 3X Inverse Natural Gas ETN linked to the S&P (NYSEARCA:DGAZ ) recently recorded a fall of -14.26% and was moving within a range of $5.35 -$5.87. Its current trading price is $5.41. The stock is moving up till now with a total volume of 1.04M shares. The share price hit its 52-week low of $5.35 and $23.05 was the best price in the same period. VelocityShares 3X Inverse Natural Gas ETN linked to the S&P (NYSE:DGAZ) stock opened at $5.77 in last session, and closed at $4.76, while the day range of stock is $4.57 – $5.87. The stock showed a negative weekly performance of -39.82%.

One of the biggest losers on the Big Board today is International Game Technology (NYSE:IGT), which has shed 12.1% to churn near $15.49. The global gaming concern last night reported a fiscal first-quarter profit that fell short of consensus estimates, which sparked a round of bearish analyst notes from no fewer than seven brokerage firms. International Game Technology (NYSE:IGT) stock opened at $15.93, in last session and closed at $15.04, by losing -14.79%. The 52 week range of the stock is $14.75 – $21.20. Company’s market capitalization is $3.74 billion.

Generex Biotechnology Corporation (OTCMKTS:GNBT) Current Report on Form 8-K filed June 18, 2013 (the “June 8-K”), pursuant to a securities purchase agreement dated June 17, 2013, the Company sold to certain investors shares of its non-voting Series E 9% Convertible Preferred Stock (“convertible preferred stock”) and warrants to purchase up to an aggregate of 100% of the shares of its common stock issuable upon conversion of the convertible preferred stock (“warrants”) for an aggregate purchase price of $1,225,000. Generex Biotechnology Corporation (OTCMKTS:GNBT) stock advanced 16.59% and finished the last session at $0.0513. The EPS of the stock remained -0.02. Company’s market capitalization is $29.77 Million.

Kansas City Southern (NYSE:KSU), the operator of U.S. and Mexico rail lines, tumbled the most in more than five years after fourth-quarter profit and sales missed analysts’ estimates as coal shipments declined. Kansas City Southern (NYSE:KSU) stock opened the session at $103.01, and closed the session at $99.49. The 52 week range of the stock remained $91.79 – $125.96 and the day range was $92.50 – $104.00.

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