The following real_estate stocks (STORE Capital Corporation & Duck Creek Technologies, Inc.) are reaching higher-than-usual volumes.
A quick recap: The leading indices are showing gains — Nasdaq up to 11,483, gaining 0.77%. S&P 500 up to 3,987.82, gaining 0.45%.
Why Trading Volume Matters
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
While trading was mostly up Friday, some real_estate stocks have high volumes. Take a look.
STORE Capital Corporation | trading volume soars by 157%
The company is currently trading with a market cap of $9.11 billion with an average daily trading volume of 2.61 million shares.
STORE Capital Corporation is having an eventful day so far, currently at 4 million and outpacing its average daily volume by 157%.
Duck Creek Technologies | 113% improvement so far today
It's been more of the same this session on the back of 29 days of flat trade, Today's session so far looks to be heading in a similar way — the enterprise insurance software developer is trading close to the $18.88 level today, after ending Friday at $18.88 and dropping 0.03%.
A hectic day for Duck Creek Technologies, surpassing its average daily volume by 113% to reach 1.46 million.
— Average trading volume refers to a 21-day rolling average.