Erratic Trading Showing Unusual Volume in Shares of Kopin Corporation (NASDAQ:KOPN) and LendingClub Corporation (NYSE:LC)

Shares of Kopin Corporation (NASDAQ:KOPN) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $3.94 at the time of writing.  The day’s total volume of 1193663 this morning is in contrast from the three-month daily average of 451.93K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.10.

Kopin Corporation (NASDAQ:KOPN)‘s market cap, the total dollar value of all of their outstanding shares, is 251.85m.  Including today’s unusual volume, Kopin Corporation‘s stock is performing at 17.25% on the year.  For the week, the stock is performing -12.37%.  Over the past month the firm’s stock is -10.24%, -21.83% for the last quarter, -1.19% for the past six-months and 58.57% for the last year.

Current levels places Kopin Corporation (NASDAQ:KOPN)’s stock about -6.19% from the 50-day high and 18.67% away from the 50-day low.  

LendingClub Corporation (NYSE:LC) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $6.38.  The day’s total volume of 26791449 this morning is in contrast from the three-month daily average of 4881.46K.  When we divide the current volume by the three-month average volume, we get a relative volume of 6.45.

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

LendingClub Corporation (NYSE:LC)‘s market cap, the total dollar value of all of their outstanding shares, is 2154.24m.  Including today’s unusual volume, LendingClub Corporation‘s stock is performing at 4.00% on the year.  For the week, the stock is performing 7.69%.  Over the past month the firm’s stock is 0.55%, -2.50% for the last quarter, -12.50% for the past six-months and 14.95% for the last year.

Current levels places LendingClub Corporation (NYSE:LC)’s stock about 8.70% from the 50-day high and 29.57% away from the 50-day low.  

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