Benzinga's Volume Movers (EURX, OVTI, ECPG, PEET)

Eurand NV EURX shares surged 8.25% to $11.88 at 12:48 pm. The volume of EURX shares traded was 8261% higher than normal. EURX has agreed to be purchased by Axcan Holdings Inc for about $583 million or $12 per Eurand share in cash, representing a 9.4% premium to EURX's closing price on Tuesday. OmniVision Technologies Inc OVTI shares moved up 10.46% to $31.25. The volume of OVTI shares traded was 430% higher than normal. OVTI posted three-fold y/y surge in its FQ2 profit. Encore Capital Group Inc ECPG shares rose 4.63% to $19.45. The volume of ECPG shares traded was 256% higher than normal. ECPG's PEG ratio is 0.81. Peet's Coffee & Tea Inc PEET shares gained 6.43% to $40.58. The volume of PEET shares traded was 245% higher than normal. PEET's quarterly earnings advanced 52.40% y/y. Read more from Benzinga's Markets.