Hot Stocks That Are Moving U.S. Stock Market for the Day (BGFV, ENZ, TRIP, DNDN)

New York, NY -- (SBWIRE) -- 11/05/2012 -- Shares of Big 5 Sporting Goods (NASDAQ: BGFV ) soared today as a number of industry analysts upgraded the stock. In many cases, the stock was moved to a strong buy following yesterday’s after-market announcement of its third-quarter numbers. While the NASDAQ, in a storm-shortened week, was unable to finish strong today and ended the week down, Big 5 came out swaggering and swinging for the fences as it saw a gain of nearly 35%.It is very active today and traded between $10.00 - 12.74 with total traded volume of 2046896 shares. At a current price of 12.0209, BGFV is +3.1009 - +34.76% from the previous close of $8.92. Moreover, At Current Market Price, BGFV is in the distance of +30.17% from its 50-day Moving Average price of $9.235 and +57.41% from its 200-day Moving Average price of $7.6368.

How Should Investors React To BGFV Now? Find Out Here

Enzo Biochem Inc. (NYSE: ENZ ) is also up sharply in mid-day trading today. At last check, ENZ was trading 13.48% higher at $2.61 on volume of 1.85 million, which is more than 10 times the daily average volume of 107,309. ENZ has gained nearly 30% in the last three trading sessions. ENZ’s gain on significantly higher volume indicates that the market sentiment is bullish on the stock. The stock has crossed its 50-day and 200-day moving averages, which is a strong bullish signal. ENZ could see significant upward momentum if it breaks through $3.12, which is also the stock’s 52-week high.

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TripAdvisor, Inc. ( TRIP ) is an online travel research company, enabling users to plan and have a trip. TripAdvisor features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages and travel guides. TripAdvisor’s travel research platform features reviews and opinions of its community of travelers about destinations, accommodations (hotels, bed and breakfasts, specialty lodging and vacation rentals), restaurants and activities worldwide, through its TripAdvisor brand. TripAdvisor, Inc. (NasdaqNM:TRIP) is +5.7109 - +19.42% from the previous close of $29.41. It traded between $34.64 - 35.95 with total traded volume of 12215407 shares. Keep a close eye on the TRIP, as the stock has been showing unusual moves over the past weeks. At Current market price, TRIP has recovered +46.40% from its 52-week Low of 23.99 and has Pulled back -26.54% from its 52-week high of 47.81.

How Should Investors Trade TRIP Now? Check Here

Dendreon (NASDAQ: DNDN ) showed signs of life by reporting improved sales of its Provenge late-stage prostate cancer treatment for the third quarter. Sales improved by 27% over the previous year (although they did fall from the second quarter), and Dendreon noted that cost-cutting measures have it on pace to save $150 million annually when it's finished cutting jobs and making itself more operationally efficient. This may be the beginning of a turnaround for Dendreon. DNDN reported EPS of -2.14. For the Current Fiscal year, the company is expected to report EPS of -2.63. For the Next Quarter and Next Year, the company is expected to report EPS of -0.42 and -1.18 respectively. At Current Market Price, DNDN is in distance of -0.05% from its 50-day Moving Average price of $4.4724 and -29.54% from its 200-day Moving Average price of $6.3437.

Should A Trader Buy Or Sell DNDN Now : CHECK HERE

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