Erratic Trading Showing Unusual Volume in Shares of Sypris Solutions, Inc. (NASDAQ:SYPR) and Ceragon Networks Ltd. (NASDAQ:CRNT)

Shares of Sypris Solutions, Inc. (NASDAQ:SYPR) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.69 at the time of writing.  The day’s total volume of 138940 this morning is in contrast from the three-month daily average of 56.40K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.89.

Sypris Solutions, Inc. (NASDAQ:SYPR)‘s market cap, the total dollar value of all of their outstanding shares, is 35.30m.  Including today’s unusual volume, Sypris Solutions, Inc.‘s stock is performing at 90.91% on the year.  For the week, the stock is performing 3.70%.  Over the past month the firm’s stock is 0.00%, 55.56% for the last quarter, 84.62% for the past six-months and 73.23% for the last year.

Current levels places Sypris Solutions, Inc. (NASDAQ:SYPR)’s stock about -8.05% from the 50-day high and 20.85% away from the 50-day low.  

Ceragon Networks Ltd. (NASDAQ:CRNT) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $2.26.  The day’s total volume of 1203889 this morning is in contrast from the three-month daily average of 341.52K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.14.

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

Ceragon Networks Ltd. (NASDAQ:CRNT)‘s market cap, the total dollar value of all of their outstanding shares, is 175.39m.  Including today’s unusual volume, Ceragon Networks Ltd.‘s stock is performing at -14.89% on the year.  For the week, the stock is performing -8.61%.  Over the past month the firm’s stock is -14.23%, -33.63% for the last quarter, -38.90% for the past six-months and 1.83% for the last year.

Current levels places Ceragon Networks Ltd. (NASDAQ:CRNT)’s stock about -24.92% from the 50-day high and 3.20% away from the 50-day low.  

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