Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) and Great Ajax Corp (ASX:AJX) See Unusual Volume Mid-Session

Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $1.76.  The day’s total volume of 727626 this morning is in contrast from the three-month daily average of 322.18K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.65.

Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC)‘s market cap, the total dollar value of all of their outstanding shares, is 10.60m.  Including today’s unusual volume, Cyclacel Pharmaceuticals, Inc.‘s stock is performing at -68.05% on the year.  For the week, the stock is performing 1.20%.  Over the past month the firm’s stock is -53.57%, -65.58% for the last quarter, -67.50% for the past six-months and -65.30% for the last year.

Current levels places Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC)’s stock about -64.37% from the 50-day high and 12.82% away from the 50-day low.  

Investors are on alert as Great Ajax Corp (ASX:AJX)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $14.63.  The day’s total volume of 280027 this morning is in contrast from the three-month daily average of 50.20K. 

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. 

Looking Back

Great Ajax Corp (ASX:AJX)‘s market cap, the total dollar value of all of their outstanding shares, is 261.94m.  Including today’s unusual volume, Great Ajax Corp‘s stock is performing at 5.28% on the year.  For the week, the stock is performing 1.53%.  Over the past month the firm’s stock is -0.50%, -0.14% for the last quarter, 6.48% for the past six-months and 0.22% for the last year.

Current levels places Great Ajax Corp (ASX:AJX)’s stock about 0.22% from the 50-day high and 7.83% away from the 50-day low.  

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