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Volume Spikes At The Basic Materials Sector:SD, SID, ACI, AKS

on 27/11/2012

NEW YORK, NOVEMBER 27, 2012 — (Net PR News) — SandRidge Energy Inc. (NYSE:SD) was among the top volume gainers and traded with volume of 14,904,000 shares in the last session as compared to average volume of 17.99 million shares. During the previous trading session, the stock showed a bullish movement of +0.17% to the closing price of $5.73. SD remained with the day range of $5.51 – $5.81 while the 52 week range was $4.81 – $9.04. The 5 days performance graph showed it as a percentage gainer of +7.3%.

SandRidge Energy Inc. (NYSE: SD), together with its subsidiaries, operates as an independent natural gas and oil company in the United States.  SandRidge Energy, Inc. is headquartered in Oklahoma City, Oklahoma.

How Should Investors Trade SD Now? Don’t Trade SD until you Read this Trend Analysis Report

Companhia Siderurgica Nacional (ADR) (NYSE:SID) was also a hot volume stock and traded with volume of 8,747,300 shares in the last session as compared to average volume of 6.71 million shares. SID, on November 26, 2012, moved down-3.06% and traded at the opening bell at $4.97, gained the utmost price level of $4.98 and then finished the day at $4.91. The stock showed downbeat 01 month and quarterly performances of -11.69% and -13.71%, respectively.

Companhia Siderurgica Nacional (ADR) (NYSE: SID) operates as an integrated steel producer primarily in Asia, North America, Latin America, and Europe.

How Should Investors React To SID Now? Find Out in this Trend Analysis Report

Arch Coal Inc (NYSE: ACI) moved down -3.17% on November 26, 2012. ACI traded with volume of 8,287,000 shares, as compared to the average trading capacity of 17.99 million shares. Arch Coal Inc (NYSE: ACI) has reported that Mr.John W. Eaves, the President and CEO of the company has intended to be a participating figure at the Jefferies 2012 Global Energy Conference on Nov. 28, 2012.

Arch Coal Inc (NYSE: ACI) engages in the production and sale of steam and metallurgical coal from surface and underground mines located in the United States.

Get a free report and detailed analysis on ACI Click Here to read

AK Steel Holding Corporation (NYSE:AKS) stock at the end of the trade day closed at $3.82 by scoring -0.26%. AKS traded with volume of 7,992,700 shares while the average trading volume was 10.21 million shares. AK Steel Holding Corporation (NYSE:AKS) has reported that the company has completed the securities offerings of $588 million successfully.

AK Steel Holding Corporation (NYSE:AKS), through its subsidiaries, produces flat-rolled carbon, stainless and electrical steels, and tubular products in the United States and internationally.

Is AKS a solid investment at these levels? Find out EXACTLY where AKS is headed with this TREND ANALYSIS REPORT

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Source: Fast Moving Stock Posted Tue, November 27, 2012 12:43 - Permalink