Heavy Volume: Transocean Inc, NovaGold Resources Inc, Cirrus Logic (NYSE:RIG),(AMEX:NG),(NASDAQ:CRUS)

Today’s stocks gaining on heavy volume include Transocean LTD (NYSE:RIG), NovaGold Resources Inc. (USA) (AMEX:NG) and Cirrus Logic, Inc. (NASDAQ:CRUS).  Read on for more information.

Transocean Inc (NYSE:RIG) shares closed the day at $54.61, up 10.48% or $5.18 and volume finished at 34,517,342 shares traded, which is 2X average daily volume of 15.12M.  Over the past 12 months Transocean Inc (RIG) shares have traded between $41.88 and $94.88.  Transocean Inc shares are now trading with a P/E Ratio of 5.5 and EPS of 9.01.  The bad news for BP has drug the stock down as well.

NovaGold Resources Inc (AMEX:NG) shares closed the day at $7.36, up 6.51% or $0.45 and volume finished at 6,266,384 shares traded.  Over the past 12 months NovaGold Resources Inc (NG) shares have traded between $3.33 and its 52-week high of $9.18.  NovaGold Resources Inc shares are now trading with a P/E Ratio of 0 and EPS of -0.33.

Cirrus Logic Inc 's (NASDAQ:CRUS) current market cap is $1,196,924,651 and its shares just now hit a new 52-week high as CRUS shares closed the day at $17.82, up 4.82% or $0.82.  Volume finished at 9,825,745 shares traded, and that is approaching 3X the average daily volume of 3.28M.