Erratic Trading Showing Unusual Volume in Shares of Gladstone Land Corporation (NASDAQ:LAND) and New Senior Investment Group Inc. (NYSE:SNR)

Shares of Gladstone Land Corporation (NASDAQ:LAND) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $12.94 at the time of writing.  The day’s total volume of 445393 this morning is in contrast from the three-month daily average of 38.25K.  When we divide the current volume by the three-month average volume, we get a relative volume of 13.67.

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

Gladstone Land Corporation (NASDAQ:LAND)‘s market cap, the total dollar value of all of their outstanding shares, is 140.78m.  Including today’s unusual volume, Gladstone Land Corporation‘s stock is performing at 5.87% on the year.  For the week, the stock is performing -0.75%.  Over the past month the firm’s stock is 4.57%, 7.30% for the last quarter, -2.62% for the past six-months and 4.75% for the last year.

Current levels places Gladstone Land Corporation (NASDAQ:LAND)’s stock about 6.59% from the 50-day high and 16.95% away from the 50-day low.  

New Senior Investment Group Inc. (NYSE:SNR) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $9.29.  The day’s total volume of 1414261 this morning is in contrast from the three-month daily average of 630.29K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.64.

Looking Back

New Senior Investment Group Inc. (NYSE:SNR)‘s market cap, the total dollar value of all of their outstanding shares, is 772.11m.  Including today’s unusual volume, New Senior Investment Group Inc.‘s stock is performing at -4.39% on the year.  For the week, the stock is performing -10.00%.  Over the past month the firm’s stock is -6.49%, -6.21% for the last quarter, -9.83% for the past six-months and -20.81% for the last year.

Current levels places New Senior Investment Group Inc. (NYSE:SNR)’s stock about -12.11% from the 50-day high and -0.75% away from the 50-day low.  

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