Delta Apparel, Inc. (:DLA) and GoPro, Inc. (NASDAQ:GPRO) Experiencing Unusual Activity Mid-day

Shares of Delta Apparel, Inc. (:DLA) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $20.14 at the time of writing.  The day’s total volume of 54617 this morning is in contrast from the three-month daily average of 18.98K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.38.

Delta Apparel, Inc. (:DLA)‘s market cap, the total dollar value of all of their outstanding shares, is 142.92m.  Including today’s unusual volume, Delta Apparel, Inc.‘s stock is performing at -8.20% on the year.  For the week, the stock is performing -9.51%.  Over the past month the firm’s stock is -11.98%, 9.12% for the last quarter, 10.96% for the past six-months and -13.62% for the last year.

Current levels places Delta Apparel, Inc. (:DLA)’s stock about -14.19% from the 50-day high and 11.89% away from the 50-day low.  

GoPro, Inc. (NASDAQ:GPRO) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $10.72.  The day’s total volume of 7938715 this morning is in contrast from the three-month daily average of 2703.63K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.45.

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

GoPro, Inc. (NASDAQ:GPRO)‘s market cap, the total dollar value of all of their outstanding shares, is 1225.91m.  Including today’s unusual volume, GoPro, Inc.‘s stock is performing at 16.65% on the year.  For the week, the stock is performing 23.30%.  Over the past month the firm’s stock is 27.32%, 20.81% for the last quarter, 6.83% for the past six-months and -26.22% for the last year.

Current levels places GoPro, Inc. (NASDAQ:GPRO)’s stock about 3.23% from the 50-day high and 41.55% away from the 50-day low.  

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