The following stocks (Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation) are reaching higher-than-usual volumes.
What is happening with the market now? Markets are currently flat. Dow Jones drawing back 0.21% to 33,900. Nasdaq trades sideways at 12,165.
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 flat yesterday, some stocks are at high volumes. Check them out.
Terminix | trading volume soars by 482%
A hectic day for Terminix Global Holdings, Inc., surpassing its average daily volume by 482% to reach 25.88 million.
The residential and commercial pest control provider has fallen back around 19% from the significant high of $46.98 set 11 months ago. Pointing downwards for around 6 months.
Enel Americas | beating its average daily volume by 3,026%
A blockbuster trading session for Enel Americas, eclipsing its average daily volume by 3,026% and recording 32.43 million.
9 months ago, the electric power distribution company fell to a low of $3.88 but has since recovered 30.15%.
Umpqua Holdings Corporation | eclipsing its average trading volume by 1,000%
Umpqua Holdings Corporation trades at $17.66, after ending yesterday at $17.66.
A hectic day for Umpqua Bank, surpassing its average daily volume by 1,000% to reach 24.81 million.
— Average trading volume refers to a 21-day rolling average.