Top Moving Stocks for Thursday 31/12/2020

Top moving stocks

Shares of LSB Industries Inc, USA Compression Partners (USAC), Maxar Technologies Inc were among top moving stocks for on the last trading day in the year 2020. We have highlighted some of the reasons for their either upward or downward movements to aid your investing decisions.

LSB Industries Inc (LXU)
Shares of LXU traded within its normal range but registered an upward movement of more than 24% on the trading day despite no company stock-related news. It’s opening price was $2.60 and it closed at $3.39

USA Compression Partners (USAC)
The stock made an upward move of 8.28% on the days with its opening price at $12.54 to close at $13.60 on the day. It continued its upward movement closing the week at 8.10% and the month of December at 7.84%

Maxar Technologies Inc (MAXR)
Shares of MAXR jumped 11.09% despite trading within normal range on the day. It began trading at $35.30 and closed at $38.59. RBC Capital analyst Steve Arthur maintains an Outperform rating on Maxar and raises the price target from $33 to the Street-high $40. Arthur expects recent positive trends to continue for Maxar in 2021, including durable operating performance and new contract wins.

Ontrac Inc (OTRK)
Share of Ontrak traded in the lower region dropping 9.95% on the day from opening price of $69.21 to close at $61.67. Despite the drop, OTRK closed the month 18.54% high and the year at almost 300%.