Volume Spike Investor

Badger Meter Inc. (NYSE: BMI) is seeing a surge in volume today and there are price weighted volume alerts as well.  Its 29% gain in net profits is the culprit today.

On average, we see 120,000 shares or so trade hands.  Today as of 1:40 PM EST we have seen 300,000 shares trade with a current 11.5% gain to $57.19.  That will also mark a 52-week high as the prior range was $28.20 to $55.00.

We do not show stock options for Badger Meter with an $832 million market cap, although sometimes the “unavailable” just isn’t tracked because of lack of volume.

Jon Ogg
July 21, 2008