Session Recap: Viewing Unusual Volume for These Stocks: Future FinTech Group Inc. (:FTFT) and Acorn International, Inc. (NYSE:ATV)

Future FinTech Group Inc. (:FTFT) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $2.30.  The day’s total volume of 184261 this morning is in contrast from the three-month daily average of 41.18K.  When we divide the current volume by the three-month average volume, we get a relative volume of 5.25.

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

Future FinTech Group Inc. (:FTFT)‘s market cap, the total dollar value of all of their outstanding shares, is 9.10m.  Including today’s unusual volume, Future FinTech Group Inc.‘s stock is performing at -73.18% on the year.  For the week, the stock is performing -20.27%.  Over the past month the firm’s stock is -25.00%, -37.89% for the last quarter, -73.15% for the past six-months and -86.16% for the last year.

Current levels places Future FinTech Group Inc. (:FTFT)’s stock about -20.69% from the 50-day high and 44.65% away from the 50-day low.  

Investors are on alert as Acorn International, Inc. (NYSE:ATV)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $12.07.  The day’s total volume of 54452 this morning is in contrast from the three-month daily average of 4.79K. 

Looking Back

Acorn International, Inc. (NYSE:ATV)‘s market cap, the total dollar value of all of their outstanding shares, is 38.43m.  Including today’s unusual volume, Acorn International, Inc.‘s stock is performing at 18.62% on the year.  For the week, the stock is performing -0.52%.  Over the past month the firm’s stock is -3.16%, -10.39% for the last quarter, 7.96% for the past six-months and 52.57% for the last year.

Current levels places Acorn International, Inc. (NYSE:ATV)’s stock about -17.34% from the 50-day high and 29.34% away from the 50-day low.  

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