Spot Check on Stocks With Abnormal Activity Applied Optoelectronics, Inc. (NASDAQ:AAOI), pdvWireless, Inc. (NASDAQ:PDVW)

Shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $69.14 at the time of writing.  The day’s total volume of 9852763 this morning is in contrast from the three-month daily average of 3880.91K.  When we divide the current volume by the three-month average volume, we get a relative volume of 2.98.

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

Applied Optoelectronics, Inc. (NASDAQ:AAOI)‘s market cap, the total dollar value of all of their outstanding shares, is 1861.77m.  Including today’s unusual volume, Applied Optoelectronics, Inc.‘s stock is performing at 175.60% on the year.  For the week, the stock is performing -33.15%.  Over the past month the firm’s stock is 5.09%, 15.44% for the last quarter, 98.16% for the past six-months and 403.90% for the last year.

Current levels places Applied Optoelectronics, Inc. (NASDAQ:AAOI)’s stock about -33.14% from the 50-day high and 20.14% away from the 50-day low.  

pdvWireless, Inc. (NASDAQ:PDVW) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $28.63.  The day’s total volume of 64820 this morning is in contrast from the three-month daily average of 19.77K.  When we divide the current volume by the three-month average volume, we get a relative volume of 3.85.

Looking Back

pdvWireless, Inc. (NASDAQ:PDVW)‘s market cap, the total dollar value of all of their outstanding shares, is 374.61m.  Including today’s unusual volume, pdvWireless, Inc.‘s stock is performing at 15.30% on the year.  For the week, the stock is performing 5.48%.  Over the past month the firm’s stock is 13.29%, 12.07% for the last quarter, 22.35% for the past six-months and 21.10% for the last year.

Current levels places pdvWireless, Inc. (NASDAQ:PDVW)’s stock about 9.46% from the 50-day high and 30.11% away from the 50-day low.  

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