The following stocks (Terminix Global Holdings, Inc., National Instruments Corporation, Enel Américas S.A.) are reaching higher-than-usual volumes.
Here's the most recent update: The leading indices are showing gains — Dow Jones up to 33,900, gaining 0.6%. S&P 500 up 0.42%, trading at 4,126.
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 yesterday, some stocks have high volumes. Take a look.
Terminix | 482% improvement so far today
Terminix Global Holdings, Inc. is having an eventful day so far, currently at 25.88 million and outpacing its average daily volume by 482%.
Over the past 11 months, the pest control company has retreated 19% from a noteworthy peak of $46.98. Pointing downwards for around 6 months.
NI | 30.41 million traded volume so far today exceeding the daily average by 1,976%
A hectic day for NI, surpassing its average daily volume by 1,976% to reach 30.41 million.
This year has been a bright one for the Texan test equipment maker after trading as low as $31 and going on to appreciate by 42.22% year to date. The stock has been trending positively for about 30 days.
NI discloses 28 cents per share dividend to be paid on Monday, March 6th
Enel Americas | trading volume soars by 3,026%
A blockbuster trading session for Enel Americas, eclipsing its average daily volume by 3,026% and recording 32.43 million.
The electric power distribution company is now trading 30.15% above the significant low ($3.88) it slumped to 8 months ago.
— Average trading volume refers to a 21-day rolling average.