Erratic Trading Showing Unusual Volume in Shares of Virtu Financial, Inc. (NASDAQ:VIRT) and Vista Gold Corp. (:VGZ)

Shares of Virtu Financial, Inc. (NASDAQ:VIRT) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $15.50 at the time of writing.  The day’s total volume of 1501202 this morning is in contrast from the three-month daily average of 517.37K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.41.

Virtu Financial, Inc. (NASDAQ:VIRT)‘s market cap, the total dollar value of all of their outstanding shares, is 1410.84m.  Including today’s unusual volume, Virtu Financial, Inc.‘s stock is performing at 0.94% on the year.  For the week, the stock is performing -2.72%.  Over the past month the firm’s stock is -8.26%, 5.57% for the last quarter, -12.97% for the past six-months and -4.68% for the last year.

Current levels places Virtu Financial, Inc. (NASDAQ:VIRT)’s stock about -15.30% from the 50-day high and -1.90% away from the 50-day low.  

Vista Gold Corp. (:VGZ) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.71.  The day’s total volume of 630240 this morning is in contrast from the three-month daily average of 173.26K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.27.

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

Vista Gold Corp. (:VGZ)‘s market cap, the total dollar value of all of their outstanding shares, is 70.98m.  Including today’s unusual volume, Vista Gold Corp.‘s stock is performing at -26.56% on the year.  For the week, the stock is performing -16.71%.  Over the past month the firm’s stock is -15.93%, -25.37% for the last quarter, -34.39% for the past six-months and -41.01% for the last year.

Current levels places Vista Gold Corp. (:VGZ)’s stock about -26.91% from the 50-day high and 12.54% away from the 50-day low.  

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