Spot Check on Stocks With Abnormal Activity Advantage Oil & Gas Ltd. (NYSE:AAV), Netlist, Inc. (NASDAQ:NLST)

Shares of Advantage Oil & Gas Ltd. (NYSE:AAV) 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 392087 this morning is in contrast from the three-month daily average of 109.13K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.14.

Advantage Oil & Gas Ltd. (NYSE:AAV)‘s market cap, the total dollar value of all of their outstanding shares, is 790.30m.  Including today’s unusual volume, Advantage Oil & Gas Ltd.‘s stock is performing at -37.04% on the year.  For the week, the stock is performing -8.60%.  Over the past month the firm’s stock is -26.09%, -33.59% for the last quarter, -28.57% for the past six-months and -42.18% for the last year.

Current levels places Advantage Oil & Gas Ltd. (NYSE:AAV)’s stock about -40.23% from the 50-day high and -6.07% away from the 50-day low.  

Netlist, Inc. (NASDAQ:NLST) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $0.30.  The day’s total volume of 1942393 this morning is in contrast from the three-month daily average of 747.44K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.99.

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

Netlist, Inc. (NASDAQ:NLST)‘s market cap, the total dollar value of all of their outstanding shares, is 22.84m.  Including today’s unusual volume, Netlist, Inc.‘s stock is performing at -69.12% on the year.  For the week, the stock is performing -4.55%.  Over the past month the firm’s stock is -54.35%, -52.59% for the last quarter, -72.84% for the past six-months and -69.12% for the last year.

Current levels places Netlist, Inc. (NASDAQ:NLST)’s stock about -60.41% from the 50-day high and 5.62% away from the 50-day low.  

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