Headwaters (HW) Hits Highs of Day in Late Trading; Pushes Through $4.60 Level

May 29, 2012 3:07 PM EDT
Headwaters (NYSE: HW) currently at intraday highs as volatility rises into the final trading hour Tuesday.

Market data has implied volatility up about 9 percent late in the session, calculated from last Friday's close.

Shares are up about 10 percent, pushing through the $4.61 price level. Volume is also heavy on the move.

The move puts Headwaters above its 50-day SMA, which is currently at $4.14.


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