Traders are flocking around Terminix Global Holdings, Inc., Signify Health, Inc., Enel Américas S.A. and others; check out these stocks that are displaying higher than typical trading volumes.
A quick recap: The leading indices are pointing up — Dow Jones goes up 0.68%, trading at 32,458. S&P 500 up to 3,994.67, gaining 0.6%.
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 stocks have high volumes. Take a look.
Terminix | eclipsing its average trading volume by 482%
Terminix Global Holdings, Inc. is down to $37.87, after ending Friday at $38.06. Overall, a 0.5% loss or 19 cents today.
A blockbuster trading session for Terminix, eclipsing its average daily volume by 482% and recording 25.88 million.
Signify Health | 1,532% improvement so far today
Signify Health is having an eventful day so far, currently at 25.51 million and outpacing its average daily volume by 1,532%.
Enel Americas | trading volume soars by 3,026%
A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.
— Average trading volume refers to a 21-day rolling average.