Session Recap: Viewing Unusual Volume for These Stocks: NMI Holdings, Inc. (NASDAQ:NMIH) and TransAct Technologies Incorporated (NASDAQ:TACT)

NMI Holdings, Inc. (NASDAQ:NMIH) shares are seeing unusual volume mid-trading session today.  While the stock price moved along with the volume change, shares are touching $12.63.  The day’s total volume of 1294979 this morning is in contrast from the three-month daily average of 393.37K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.87.

NMI Holdings, Inc. (NASDAQ:NMIH)‘s market cap, the total dollar value of all of their outstanding shares, is 717.88m.  Including today’s unusual volume, NMI Holdings, Inc.‘s stock is performing at 12.68% on the year.  For the week, the stock is performing 3.90%.  Over the past month the firm’s stock is 0.00%, 8.11% for the last quarter, 8.11% for the past six-months and 75.18% for the last year.

Current levels places NMI Holdings, Inc. (NASDAQ:NMIH)’s stock about 3.06% from the 50-day high and 23.77% away from the 50-day low.  

Investors are on alert as TransAct Technologies Incorporated (NASDAQ:TACT)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $9.68.  The day’s total volume of 41497 this morning is in contrast from the three-month daily average of 10.15K. 

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

TransAct Technologies Incorporated (NASDAQ:TACT)‘s market cap, the total dollar value of all of their outstanding shares, is 63.94m.  Including today’s unusual volume, TransAct Technologies Incorporated‘s stock is performing at 39.39% on the year.  For the week, the stock is performing 6.36%.  Over the past month the firm’s stock is 8.88%, 6.98% for the last quarter, 31.73% for the past six-months and 21.53% for the last year.

Current levels places TransAct Technologies Incorporated (NASDAQ:TACT)’s stock about 5.16% from the 50-day high and 18.71% away from the 50-day low.  

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