Volume Surge: Woodward Governor Hits All-Time Highs (WGOV)

Posted in General 
July 22nd, 2008

Woodward Governor Co. (NASDAQ: WGOV) is seeing a sharp rise in shares today after the company beat earnings estimates last night.  We are seeing a 14% rise to $43.72 as of 10:26 AM EST, but more important is the trading volume.  An average day is about 720,000 shares and in less than one hour we have seen over 845,000 shares trade hands.

This also marks a 52-week high as the 52-week trading range before today was $24.50 to $42.77.  In fact, that is an all-time high.  Its market cap after this surge is over $2.9 Billion. Its options trading activity is unfortunately very thin.

Jon C. Ogg
July 22, 2008

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